The Australian Federal Police have raided the Sydney home of a man who was “outed” earlier today on technology news websites as the possible creator of cryptocurrency Bitcoin.

The property is registered under ‘Craig Steven Wright’, who was this morning described by tech publications as the possible real identity of ‘Satoshi Nakamoto’, the pseudonymous figure key to the creation of the digital currency.

More than 10 police officers reportedly swooped on the house in the Sydney suburb of Gordon at about 1.30pm today.

The AFP referred all inquiries about the raid to the Australian Tax Office.

The Guardian has reported that the raids are related to an Australian Tax Office investigation.

‘ Wired ’ magazine and ‘ Gizmodo ’ published articles this morning claiming that their investigations showed Mr Wright, who they said was an Australian academic, was likely the secretive creator of Bitcoin.

The publications’ investigations were based on a number of web archives, leaked emails and documents as well as a transcript of a meeting between Wright and ATO officials.

The founder of Bitcoin, known by the pseudonym Satoshi Nakamoto, has never been identified, despite attempts by journalists and Bitcoin enthusiasts.

Bitcoin expert Sergio Demian Lerner estimates Nakamoto is sitting on about $1 million Bitcoins, worth more than A$500 million.