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Ripple CTO Responds to Craig Wright's Bitcoin Claims

Ripple CTO David Schwartz challenges Craig Wright's assertions regarding Bitcoin identity and legal implications.
Published on 2024-10-21

Craig Wright's Legal Battles Over Bitcoin Identity

Craig Wright, who claims to be Satoshi Nakamoto, has been embroiled in numerous legal disputes, particularly related to his declaration in 2016. Wright has faced challenges over intellectual property rights concerning the Bitcoin whitepaper and code. Recently, Wright launched a new legal action against Bitcoin Core developers, demanding an astronomical sum of £911 billion. He argues that Bitcoin SV (BSV) is the true version of Bitcoin, contrary to BTC.

Ripple CTO's Reaction

David Schwartz, the CTO of Ripple, has publicly reacted to Wright's claims. Wright suggested that when a partnership is sued, all partners are responsible unless structured as a limited liability partnership (LLP). He emphasized that the Bitcoin Core is not a legally recognized partnership, thus holding contributors accountable.

Community and Schwartz's Response

Wright's comments have stirred discussions within the crypto community. One user pointed out that Bitcoin Core contributors are not automatically in a partnership. Schwartz responded, highlighting the improbability of Wright's argument. He suggested that even if targeting all Bitcoin holders, claiming token ownership equates to partnership shares is a significant stretch.

Schwartz's engagement highlights the ongoing debate around Bitcoin's true identity and the legal implications of Wright's assertions. His comments reflect skepticism towards Wright's claims, emphasizing the complexities of defining and legally challenging decentralized networks like Bitcoin Core.

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