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Satoshi Nakamoto Held Enormous Amounts of XRP, Says David Schwartz

2025-07-05 11:55:08

Satoshi Nakamoto Held Enormous Amounts of XRP, Says David Schwartz

Main Idea

A resurfaced court document reveals Ripple CTO David Schwartz's claim that Satoshi Nakamoto may have held 'enormous amounts of XRP,' sparking speculation about Satoshi's potential ties to XRP, though no concrete evidence supports this.

Key Points

1. Ripple CTO David Schwartz claimed in a court document that Satoshi Nakamoto likely held 'enormous amounts of XRP,' though no evidence supports this assertion.

2. Satoshi Nakamoto disappeared from the crypto scene between 2010 and 2011, with no known involvement in XRP or wallet activity since.

3. Some XRP proponents argue that XRP aligns with Satoshi's vision, citing its solutions to Bitcoin's issues like high fees and slow speeds.

4. Emails from 2009 show Satoshi praised the original RipplePay project, but this was unrelated to XRP, leading to misconceptions.

5. Speculation arises due to the timing of Satoshi's exit in 2011 and XRP's development shortly after, though no proof links Satoshi to XRP's creation.

Description

The post Satoshi Nakamoto Held Enormous Amounts of XRP, Says David Schwartz appeared first on Coinpedia Fintech News Satoshi-era whale transfers stunned the crypto market yesterday, and now the spotlight has shifted to Satoshi Nakamoto’s possible ties to XRP. A court document has resurfaced online in which Ripple CTO David Schwartz claims that Satoshi held “enormous amounts of XRP.” This remark was in response to the question, ““You also say, ‘we control a lot of XRP’, does that make it differen...

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