Self-Proclaimed Bitcoin Inventor Jörg Molt Arrested for Alleged Crypto Pension Fraud

In 2019, a man with Fabio-like hair entered the cryptocurrency scene with questionable claims when he told a slew of people he helped co-found the creation of Bitcoin. The self-proclaimed Bitcoin inventor named Jörg Molt not only offered a “Satoshi School” but allegedly ran a number of scams on the side. The publication Bild reports the 48-year-old man was arrested by Bavarian police at Frankfurt Airport over accusations of fraud.

Self-Proclaimed Bitcoin Inventor Jörg Molt Arrested in Frankfurt

Jörg Molt once claimed he helped invent Bitcoin and also said he was good pals with ​​Andreas Antonopoulos after a wild appearance at the 2019 WCC Vegas Blockchain Week conference. Molt allegedly went around the conference in Las Vegas claiming to be the co-inventor of Bitcoin. After the story went viral, Antonopoulos discredited his claims and stressed that he didn’t know Molt at all.

“Apparently, a German person called ‘Jörg Molt’ has been showing a selfie taken with me and telling people that we are friends — This is a LIE,” Antonopoulos tweeted at the time. “I don’t know him at all — I have heard from others that he claims to be the founder of Bitcoin and has thousands of BTC — A LIE.”

The regional publication the Bild reports that Molt was recently arrested just as he was about to board a plane at Frankfurt Airport. Law enforcement officials believe Molt has been behind some scams also involving a 54-year-old woman who was allegedly his companion. The Bavarian police also searched Molt’s home and found evidence tied to the investigation.