Home of suspected bitcoin creator raided

Australian police raided on Wednesday the Sydney home and office of a man named by Wired magazine as the probable bitcoin creator and holder of hundreds of millions of dollars' worth of the virtual currency, witnesses said.

More than a dozen federal police officers entered a house registered on the electoral roll to Craig Steven Wright, whom Wired outed as the likely real identity of Satoshi Nakamoto, the pseudonymous figure that first released bitcoin's code in 2009.

Locksmiths broke open the door of the property, in a suburb on Sydney's north shore. When asked what they were doing, one officer told a Reuters reporter they were "clearing the house".