Ripple CTO Says Satoshi’s Bitcoin Keys Are Likely Lost Forever

Published at 2026-04-09 06:15:10

Ripple Chief Technology Officer David "JoelKatz" Schwartz said the private keys tied to Satoshi Nakamoto’s estimated $70 billion Bitcoin hoard are most likely gone for good. The comment, made April 9, 2026, frames the enduring mystery around whether those early coins can ever be moved and underscores skepticism about recovering access to that particular cache. If true, the loss would effectively reduce the liquid Bitcoin supply and feed narratives of long-term scarcity that some investors cite to justify valuations. The statement matters for market psychology and for forensic efforts that have sought to trace or access Satoshi-era addresses; it also comes from a high-profile figure at Ripple, drawing cross-community attention despite being unrelated to XRP’s fundamentals.

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