The Craig Wright saga, that perennial favorite of the crypto world, has once again graced us with its presence, as if the universe itself were a particularly tedious soap opera. 🎭🧙♂️
This time, however, the crypto community was spared the usual round of existential debates about identity, authorship, and the enigmatic 2008 Bitcoin white paper, as Ripple’s CTO stepped in with a masterstroke of clarity. 🧠🧩
It began with Wright’s own post, which posited that civil courts cannot declare fraud-a claim as plausible as a penguin in a sauna, and as likely to be taken seriously as a politician’s promise. 🧼🧑⚖️
Ripple’s CTO, David Schwartz, rendered Wright’s thesis as comprehensible as a Shakespearean sonnet to a toddler, by simply invoking the legal definition of “fraud”-a term that, contrary to Wright’s assertions, is not some nebulous concept but a well-defined tort. 🧰🧠
‘He’s totally wrong about what fraud is,’
– David ‘JoelKatz’ Schwartz (@JoelKatz) November 16, 2025
Safe to say the conversation shifted immediately, as the crypto market, ever the drama queen, has seen this pattern play out like a broken record: Wright surfaces with a new promotional angle, the filings reappear, and the narrative resets to the same tired script-where every “I am Satoshi” claim is met with the same stack of rulings that have long since closed the door. 🎭🧙♂️
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2025-11-16 16:06