Review ordered into another Post Office IT system amid claims of more wrongful convictions
The government has agreed to have an independent IT expert review of a Post Office software system predating Horizon, amid claims dozens more sub-postmasters may have been wrongly convicted.
The Capture software was rolled out across branches in the 1990s, years before the notorious Horizon system was introduced.
Post Office minister Kevin Hollinrake has met with a former sub-postmaster and a lawyer representing 35 people who believe they were wrongly accused of stealing.
It was agreed between MPs and the Post Office minister that an independent IT expert would assess evidence claiming to “prove” Capture software was prone to glitches.
The Capture IT system
Steve Marston, 68, believes he was wrongly convicted of theft and false accounting after errors caused by Capture accounting software.
Auditors found shortfalls of £79,000 at his branch in Greater Manchester in 1998. He subsequently pleaded guilty to theft and false accounting.
A predecessor to Horizon, the Capture software was developed by the Post Office and rolled out from 1992.
‘Extremely happy’
Mr Marston, representing numerous others claiming to be victims, met with Post Office Minister Kevin Hollinrake in Central London.
Postal services minister Kevin Hollinrake
He tearfully told Sky News after the meeting that he was “overwhelmed” and “extremely happy” with the way the meeting went.
He presented a copy of the original Capture software, also shown to Sky News, which Mr Marston describes as “definitive proof” of wrongful convictions.
Campaigners discovered floppy disks with the software on them, dating back to the 90s.
Mr Marston says they show that errors in the system could generate false shortfalls in accounts, and believes Capture evidence was used in his prosecution.
Steve Marston
A ‘significant meeting’
Neil Hudgell, who is representing 35 former sub-postmasters who used Capture, said it was a “significant meeting” with the Post Office minister.
“What we are going to do now, with the consent of the government and agreement of the Department for Business and Trade,” he said, “is run that past an independent person to stand up what we say is the case.
“It is a very similar pattern of IT glitches that predate the Horizon system by a number of years.”
Former sub-postmasters say that it appears errors occurred when upgrades were made to the software in the 90s.
Other factors such as power cuts are also thought to be another possible reason for faults.
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‘I was forced to sell my family home’
Steve Lewis lost his job in 2000, after raising concerns about shortfalls and Capture software glitches.
“I’ve always been looked on as being the man who robbed the post office,” he said. “I lost my post office, the commercial buildings that I had moved my office to, and was forced to sell my family home.”
Mr Lewis claims he was warned “not to be a troublemaker” and told the issues were only happening to him.
It wasn’t until he watched the ITV drama Mr Bates Vs The Post Office that he “realised” similarities between Horizon victims and himself such as “unexplained losses”.
Read more:
More than £1m claimed as ‘profit’ may have come from victims
Post Office hero Bates had seemingly been preparing for this day
Alan Bates (centre) speaking outside the High Court in 2019 and Toby Jones as Alan Bates in the ITV series
‘Mirror image of what Post Office did with Horizon’
Documents seen by Sky News also show that the Post Office knew Capture was prone to glitches which could cause accounting issues.
In January the government ordered the Post Office to investigate the claims related to Capture.
Labour MP Kevan Jones has taken up the cause and describes one case as being “a mirror image” of what “the Post Office did with Horizon victims”.
He continued: “Added to that, we’ve now got the original computer floppy disks where I think it proves that it does throw up shortfalls.
“I think that’s quite a compelling case for these cases to be looked at again and compensation awarded.”
‘We continue to investigate’
A Post Office spokesperson said: “We are in contact with Steve Marston and other past users of Capture and are grateful to them for all the information they have so far shared with us.
“We continue to actively investigate a number of lines of inquiry relating to Capture and throughout this we have regularly kept the Department for Business and Trade and Kevan Jones MP up to date with our findings.
“We have now shared a recommendation with the Department about what should happen next and hope to provide further information with past users of Capture as soon as we’re able to.”
A Department for Business and Trade spokesperson said: “As soon as these accusations came to light, we asked the Post Office to investigate the Capture system.
“We are now reviewing all the materials provided to us, including those from postmasters and Post Office, and we will set out next steps shortly.”
Satoshi Nakamoto, the pseudonymous creator of Bitcoin, marks their 50th birthday amid a year of rising institutional and geopolitical adoption of the world’s first cryptocurrency.
The identity of Nakamoto remains one of the biggest mysteries in crypto, with speculation ranging from cryptographers like Adam Back and Nick Szabo to broader theories involving government intelligence agencies.
While Nakamoto’s identity remains anonymous, the Bitcoin (BTC) creator is believed to have turned 50 on April 5 based on details shared in the past.
According to archived data from his P2P Foundation profile, Nakamoto once claimed to be a 37-year-old man living in Japan and listed his birthdate as April 5, 1975.
Source: Web.archive.org
Nakamoto’s anonymity has played a vital role in maintaining the decentralized nature of the Bitcoin network, which has no central authority or leadership.
The Bitcoin wallet associated with Nakamoto, which holds over 1 million BTC, has laid dormant for more than 16 years despite BTC rising from $0 to an all-time high above $109,000 in January.
Satoshi Nakamoto statue in Lugano, Switzerland. Source: Cointelegraph
Nakamoto’s 50th birthday comes nearly a month after US President Donald Trump signed an executive order creating a Strategic Bitcoin Reserve and a Digital Asset Stockpile, marking the first major step toward integrating Bitcoin into the US financial system.
Related: Bitcoin at 16: From experiment to trillion-dollar asset
Nakamoto’s legacy: a “cornerstone of economic sovereignty”
“At 50, Nakamoto’s legacy is no longer just code; it’s a cornerstone of economic sovereignty,” according to Anndy Lian, author and intergovernmental blockchain expert.
“Bitcoin’s reserve status signals trust in its scarcity and resilience,” Lian told Cointelegraph, adding:
“What’s fascinating is the timing. Fifty feels symbolic — half a century of life, mirrored by Bitcoin’s journey from a white paper to a trillion-dollar asset. Nakamoto’s vision of trustless, peer-to-peer money has outgrown its cypherpunk roots, entering the halls of power.”
However, lingering questions about Nakamoto remain unanswered, including whether they still hold the keys to their wallet, which is “a fortune now tied to US policy,” Lian said.
Related: Bitcoin’s next catalyst: End of $36T US debt ceiling suspension
Is Satoshi Nakamoto wealthier than Bill Gates?
In February, Arkham Intelligence published findings that attribute 1.096 million BTC — then valued at more than $108 billion — to Nakamoto. That would place him above Microsoft co-founder Bill Gates on the global wealth rankings, according to data shared by Coinbase director Conor Grogan.
Satoshi’s new addresses. Source: Conor Grogan
If accurate, this would make Nakamoto the world’s 16th richest person.
Despite the growing interest in Nakamoto’s identity and holdings, his early decision to remain anonymous and inactive has helped preserve Bitcoin’s decentralized ethos — a principle that continues to define the cryptocurrency to this day.
Magazine: 10 crypto theories that missed as badly as ‘Peter Todd is Satoshi’
The United States stock market lost more in value over the April 4 trading day than the entire cryptocurrency market is worth, as fears over US President Donald Trump’s tariffs continue to ramp up.
On April 4, the US stock market lost $3.25 trillion — around $570 billion more than the entire crypto market’s $2.68 trillion valuation at the time of publication.
Nasdaq 100 is now “in a bear market”
Among the Magnificent-7 stocks, Tesla (TSLA) led the losses on the day with a 10.42% drop, followed by Nvidia (NVDA) down 7.36% and Apple (AAPL) falling 7.29%, according to TradingView data.
The significant decline across the board signals that the Nasdaq 100 is now “in a bear market” after falling 6% across the trading day, trading resource account The Kobeissi Letter said in an April 4 X post. This is the largest daily decline since March 16, 2020.
“US stocks have now erased a massive -$11 TRILLION since February 19 with recession odds ABOVE 60%,” it added. The Kobessi Letter said Trump’s April 2 tariff announcement was “historic” and if the tariffs continue, a recession will be “impossible to avoid.”
Source: Anthony Scaramucci
On April 2, Trump signed an executive order establishing reciprocal tariffs on trading partners and a 10% baseline tariff on all imports from all countries.
Trump said the reciprocal tariffs will be roughly half the rate US trading partners impose on American goods.
Related: Bitcoin bulls defend $80K support as ‘World War 3 of trade wars’ crushes US stocks
Meanwhile, the crypto industry has pointed out that while the stock market continues to decline, Bitcoin (BTC) remains stronger than most expected.
Crypto trader Plan Markus pointed out in an April 4 X post that while the entire stock market “is tanking,” Bitcoin is holding.
Source: Jeff Dorman
Even some crypto skeptics have pointed out the contrast between Bitcoin’s performance and the US stock market during the recent period of macro uncertainty.
Stock market commentator Dividend Hero told his 203,200 X followers that he has “hated on Bitcoin in the past, but seeing it not tank while the stock market does is very interesting to me.”
Meanwhile, technical trader Urkel said Bitcoin “doesn’t appear to care one bit about tariff wars and markets tanking.” Bitcoin is trading at $83,749 at the time of publication, down 0.16% over the past seven days, according to CoinMarketCap data.
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