The news that Pi Network founder Nicolas Kokkalis is Satoshi Nakamoto is speculation and rumor, not confirmed fact.

Here's a breakdown of what's known and why these rumors are circulating:

* Satoshi Nakamoto's Identity: Satoshi Nakamoto is the pseudonym of the person or group who created Bitcoin. Their true identity has never been revealed and remains one of the biggest mysteries in the crypto world.

* The Rumors: Recent speculation has emerged, particularly on crypto news sites and social media, suggesting Nicolas Kokkalis could be Satoshi Nakamoto. These theories often point to:

* Kokkalis's background: He has a PhD in blockchain technology and a strong computer science background, demonstrating the technical expertise expected of Bitcoin's creator.

* His apparent disinterest in personal wealth: Similar to Satoshi, Kokkalis seems focused on building Pi Network and distributing tokens without asking for direct monetary investment.