CSW had a "cyber security" partnership with an american guy called dave klieman. they had no involvement in bitcoin
they started up a "cyber security research" company (W&K info defense)in feb 2011 where CSW was trying to start up a gold trading exchange. and also con the american Department of Defence out of research grants for cyber security software research.
https://mylegacykit.medium.com/faketoshi-the-early-years-part-1-9964fc1639e3
filed 3 research grant proposals in feb 2011 - responded(rejected) may 2011
BAA 11-02-TTA 05-0155-WP: TTA 05 Secure Resilient Systems and Networks - $1,800,000 -DK
BAA 11-02-TTA 01-0127-WP: TTA 01 Software Assurance through Economic Measures - $650,000 -CSW
BAA 11-02-TTA 09-0049-WP: TTA 09 Cyber Economics - $2,200,000 -CSW
all attempts failed and DK dissolved the partnership and stopped communicating with CSW in 2011. partly (presumed) due to a failed scam and party due to DK's health deteriorating
CSW then shifted gears researching other industries/opportunities to scam. where he first heard about bitcoin in july 2011 and made some comments about it. but that was all.(CSW wanted wikileaks to use bitcoin, funnily the real satoshi was against wikileaks support of bitcoin)
he returned to cyber security drivel discussing highschool level stuff of email headers and website metadata.. and nothing really happened for 2 years
CSW first BTC purchase(of 15btc) was in april 2013. never bought or mined coin before that point.
he tried to reach out to DK again to re-establish a partnership but found out DK had died
at this point CSW started his bitcoin related scams, trying to get grants from aussie government and such saying he was a bitcoin miner saying he had millions of dollars of super computers. thus getting tax rebates and such
he gained in total about 45btc in late 2013-early 2014.. but lost about 45btc in the mtgox saga of february 2014 which cost him not being able to pay off liabilities in a business he had(hotwire) thus the scamming really ramped up trying to scam investments after feb 2014..
he in feb 2014 he rebranded an old cyber security company Strasan Pty Ltd to C01n Pty Ltd now wanting to start a "bitcoin bank" (i guess the mtgox custodian karpeles "money missing" inspired CSW to do the same )
where he started backdating things. he transfered the defunct W&K info defense brand in april 2014 to his new scambuddy investor ugen nguygen. and then expanded his scambuddy investor list