Not to be confused with bitcoin-cash, a separate cryptocurrency (BCH) that split from Bitcoin in August 2017. Not to be confused with bitcoin-de-bafin-mica-rejection-october-2026, the German regulator BaFin's October 2026 rejection of a licence for the bitcoin.de trading platform's bank.
Bitcoin
Last changed 2026-10-27 · Fact-check review — Fact-check review (verdict: revise): the reviewer checked the page's claims against its sources; the trust score did not change. Version history →
Why this score
| Every page starts at | 65 |
| Concerns that are not fraud | -6.4 |
| Problems around it, caused by others | -6.4 |
| Well known and widely used | +25 |
| Long-running | +10 |
| Sum | 87 |
Score: 97/100 (kept between 0 and 100)
How scoring works →Page reliability: Fact-checked 2026-10-27 · 6 of 9 claims confirmed · 2 need better sources · 1 disputed
anchored·226WBq…j1uQSummary
Bitcoin is a decentralized, open-source peer-to-peer digital currency network launched in 2009 by a pseudonymous creator or group known as Satoshi Nakamoto. As the first and largest cryptocurrency by market capitalization, Bitcoin itself has no central operator, issuer, or company to be "trusted" or "untrusted" in the conventional sense, and U.S. regulators now treat it as a commodity rather than a security. However, the network and its history are closely intertwined with major exchange collapses, large-scale theft, its use as the dominant currency for ransomware and sanctions evasion, persistent scam typologies (impersonation, bitcoin ATM fraud, pig-butchering), and ongoing environmental and market-structure criticism. This page catalogs those documented risk vectors rather than assessing the protocol's underlying cryptography or design, which is not disputed.
Connected Entities
2 entities · 60 linked investigations- Mt. Gox→mentioned with→Bitcoin(80%)
- Bitcoin→mentioned with→Mt. Gox(85%)
Connected Through
2 shared actors · 435 investigationsDistinct actors this investigation shares with others — holders, traders, and named parties. Shared infrastructure (exchanges, pools) is excluded.
- ♦Bitcointoken
- □Mt. Goxorganization
Timeline(9 events)
October 2008
Satoshi Nakamoto publishes the Bitcoin whitepaper describing a peer-to-peer electronic cash system.
History of bitcoin (Wikipedia)3 January 2009
The Bitcoin network launches with the mining of the genesis block.
History of bitcoin (Wikipedia)October 2013
The FBI shuts down the Silk Road darknet marketplace, which had used bitcoin extensively for illegal transactions.
History of bitcoin (Wikipedia)February 2014
Mt. Gox, then the largest bitcoin exchange, suspends withdrawals and subsequently files for bankruptcy after disclosing roughly 744,000 customer bitcoins (plus company funds) had been stolen.
History of bitcoin (Wikipedia); CNBC6 May 2022
U.S. Treasury's OFAC sanctions bitcoin mixer Blender.io for laundering North Korean Lazarus Group hack proceeds — the first-ever sanctioning of a virtual currency mixer.
U.S. Department of the Treasury29 November 2023
OFAC sanctions the mixer Sinbad.io for laundering proceeds of Lazarus Group hacks including the Horizon Bridge and Axie Infinity (Ronin) heists.
U.S. Department of the Treasury10 January 2024
The SEC approves the first U.S. spot Bitcoin ETFs, while Chair Gensler clarifies the approval does not constitute an endorsement of bitcoin.
Fortune; CoinDesk2025
TRM Labs reports illicit cryptocurrency flows reached a record $158 billion for the year, and the FBI and Chainalysis separately report record bitcoin-ATM and impersonation-scam losses.
TRM Labs; ABC News; CoinDesk17 March 2026
SEC and CFTC jointly issue an interpretive release expressly confirming Bitcoin as a 'digital commodity' rather than a security.
Norton Rose FulbrightDecision Log
- slot 462188955 · hash 2e8JywnSVWQWpRRz6R6SWWynA1gNXYiRKFc74wn6jxAf
- slot 462188950 · hash 3GB8snY6P9cK5N15uXNsZzGn4WzjPRVMeokqWmP5LccG
- slot 455370861 · hash Bh2VigAs7gTEkfAz7mpaczHTgc7WULj6JeSXPXWhSEBt
- slot 452518945 · hash 7baWwBnwSXRAwwkasfz1QDFJyrFFvRt9e7jXq9xjX3yG
- slot 424183203 · hash 7JJsd665H2z8nfWjuJxTucWQzR23akXkx639eJ7JmDhL
- slot 424183200 · hash AiLmNX23QFnKfQw7KHvh29JfdZsFkezf9tPvPp7JuVzR
- slot 419629049 · hash Fe1Vz5LcuEiuVcfKExkxikVpiYbeYhKs6DrCn3oKGovW
This investigation is cryptographically anchored to the Solana blockchain (7 decisions). 16 of 16 cited source URLs have an Internet Archive snapshot.
model: claude-code-investigator
generated: 5/12/2026, 9:59:36 PM
last updated: 10/27/2026, 7:27:23 PM
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