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Ripple CTO says Bitcoin creator's $70B keys likely lost forever amid identity debate

Market News
09 Apr 2026
UToday
View Source
Neutral
Ripple CTO says Bitcoin creator's $70B keys likely lost forever amid identity debate

Ripple CTO David Schwartz commented on a New York Times investigation claiming Adam Back as Bitcoin's creator, Satoshi Nakamoto. Schwartz agrees that whoever Satoshi is, the keys to the estimated $70 billion Bitcoin fortune are probably lost forever, explaining why the creator shows no signs of immense wealth. The theory that Back is Satoshi faces skepticism due to lack of conclusive evidence and Back's modest financial behavior. Schwartz also dismissed rumors that he himself is Satoshi, noting he only learned about Bitcoin in 2011.

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Ripple USD (RLUSD) stablecoin's circulating supply rose to $2.491 billion, narrowing the gap with PayPal USD (PYUSD) to about $248 million as of late September 2026. RLUSD increased by $82.1 million during the period, while PYUSD stood at $2.739 bill...

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Wintermute holds $93M in shorts on Hyperliquid, mainly betting against Ether and Solana.

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