Ripple CTO David Schwartz has publicly challenged Craig Wright's assertions regarding the Bitcoin white paper, emphasizing that legal rulings have consistently dismissed Wright's claims of being Satoshi Nakamoto. Schwartz pointed out that fraud is a legally defined concept and noted that courts have repeatedly found Wright's actions to be fraudulent. In addition to addressing Wright's claims, Schwartz discussed Bitcoin's utility in payments, arguing that increasing prices do not reduce its effectiveness as a payment method. This statement comes amid ongoing debates about Bitcoin's role in the financial ecosystem.