Craig Wright To Join Forces With The SEC Against Ripple After Fight On Twitter
A heated argument ensued between Ripple’s CTO David Schwartz and Craig Wright, the man who claims he is the anonymous Satoshi Nakamoto—The founder of Bitcoin.
This verbal brawl transpired on the social media platform Twitter after Craig Wright tweeted that Bitcoin would not be accepted by institutional investors until the system is regulated.
Insults Fly Around On Twitter
The CTO responded to this tweet on Twitter, calling it a dumb tweet and criticizing Criag for making institutional investors the target audience for this blockchain system. He went on to question what aspects actually reverences court orders.
This response did not sit well with Wright, who went on a Twitter rant in which he called Schwartz an ignorant fellow when it came to finance, business, and water views.
He added insult to injury by saying it was unreasonable to argue with anyone connected to XRP, attacking Schwartz and accusing him of running a Ponzi scheme.
This gave Wright reason to delve deeper into Ripple’s dealings, claiming that the organization released false information about how many transactions they process in a minute, claiming that the 1500T/s figure is incorrect because the network only processes 100 transactions per second.
Wright went on to scold Schwartz, claiming that arguing with XRP individuals is a waste of time and unreasonable because they lack the ability to debate logically.
Wright claims that he expected Schwarts to provide logical answers, but that this appears to be too much to ask.
Wright Threatens CTO Of Ripple
Schwartz summed up Wright’s jabs and allegations by calling him a coward who goes on to sue people when they express their opinions on topics and subjects.
Schwartz claims he was only attempting to highlight the stupidity of Wright’s tweet.
He began by saying that instead of Wright supporting and defending his claim, he took the easy way out by coming for XRP and Ripples dealings.
This dispute did not end without Wright threatening Schwartz, stating that he would join the SEC in the case against Ripple in order to expose Ripple’s dealings.
The Ripple and SEC case is still ongoing and has dragged for two years now with no resolution in sight.
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