Ripple CTO Says He Could Have Been Part of “Satoshi,” Here’s What Happened

bitcoin

Satoshi Nakamoto disappeared about 12 years ago

Ripple CTO David Schwartz He is said to have been part of “Satoshi” – a small group of people who created bitcoin, but sadly, he only found out about the world’s first cryptocurrency in 2011. The pseudonymous bitcoin creator, Satoshi Nakamoto, disappeared nearly 12 years ago, right in December 2010, and remains one of the biggest mysteries in the crypto space.

According to Schwartz, who had previously denied accusations that he was Satoshi, nearly everything the enigmatic Bitcoin creator accomplished was within his capacity. When rumors of him being Satoshi first started to circulate back in 2020, Schwartz said it was possible to presume that he might have been one of the individuals involved in the creation of Bitcoin, but he was not.

He said that at the time a small group of people may have created bitcoin, not a single individual, given how difficult and skill-demanding the creation of bitcoin was.

The Ripple CTO delved into this discussion following a loss in a lawsuit against Australian computer scientist and self-proclaimed Satoshi Craig Wright. Schwartz wrote, “There is nothing defamatory about saying that Craig Wright is not Satoshi, just as there is nothing defamatory about saying that I am not Satoshi.”

In the past week, Magnus Granath, often referred to as “Hodlonaut” on Twitter, won a lawsuit against Craig Wright. Grenath sues Wright in Norway in attempt to block defamation claim Wright plans to launch in UK against Grenath

Wright’s lack of proof that he is Satoshi has been an issue in prior trials, including in a defamation case he brought against podcaster Peter McCormack in the U.K. After a judge ruled that his evidence was false, Wright was given one pound in damages.

After McCormack called the self-proclaimed Satoshi a fraud, Wright launched a lawsuit against him in April 2019.

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