Ripple CTO Claims Bitcoin Founder Stockpiled XRP—What the SEC Transcript Exhibits

• Schwartz casually mentions that Satoshi might have held XRP, igniting debates years after the unique assertion.
• Court docket transcript revives idea linking Ripple’s Schwartz to Nakamoto, stirring hypothesis with no proof.

Screenshots from a 2023 SEC-Ripple court docket session have stirred new hypothesis in regards to the true identification of Bitcoin’s creator. Ripple CTO David Schwartz, who some have lengthy alleged to be behind the pseudonym Satoshi Nakamoto, made a remark throughout that session that now attracts renewed consideration.

The transcript, posted by X person @XrpHodL_, features a stunning comment from Schwartz: “Toshi, the unique creator, in all probability held an unlimited quantity of XRP at the moment.” This referred to the 12 months 2017. Although unrelated to the query he was requested, the assertion has caught the attention of many cryptocurrency observers.

Schwartz’s comment got here in response to a court docket inquiry on whether or not Bitcoin supplied something just like Ripple’s system. Whereas his reply didn’t instantly deal with the query, it launched a story suggesting Satoshi Nakamoto might have held XRP—Ripple’s native token.

Schwartz’s Previous Quote Resurfaces — Hayden Says “You’re Satoshi”

Shortly after the transcript resurfaced, Tiffany Hayden commented in a separate X thread. “I simply needed everybody to know that you simply’re undoubtedly Satoshi,” she wrote. The thread got here to an finish with out receiving a reply from Schwartz.

Though many have pointed to Schwartz as a doable candidate for Nakamoto, he has repeatedly denied it. Schwartz did acknowledge contributing to the Bitcoin code within the early 2010s, stating that he made some modifications. Different names linked to the Nakamoto thriller embrace Blockstream CEO Adam Again and Hal Finney, each of whom have additionally denied being the founder.

The XRP Ledger, developed by Schwartz together with Arthur Britto and Jed McCaleb, started shortly after Nakamoto’s exit. In 2011, Nakamoto said he supposed to “transfer on to different issues.” The next 12 months, XRP Ledger launched and later turned the muse of Ripple’s platform.

Nakamoto Exit, Schwartz Emergence — 2011 Timeline Fuels Theories

Observers have famous the timing of occasions. Nakamoto left the Bitcoin challenge in 2011. In the identical 12 months, Schwartz began publicly engaged on new crypto tasks, together with what would change into XRP. The overlap of occasions has stored the rumor alive however unproven.

Regardless of Schwartz’s courtroom assertion and the coincidental timeline, no proof has confirmed that he or any Ripple member is Nakamoto. The feedback, whereas intriguing, add solely hypothesis with out factual backing.

On the time of writing, XRP is priced at $2.22, down 0.48% within the final 24 hours. Buying and selling quantity has fallen by 48.33%, now at $1.65 billion. The return of those claims has triggered some dialogue, although it hasn’t led to a value spike.

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