David Schwartz Says Selling XRP Doesn’t Make Him The Villain
David Schwartz once sold 40,000 Ethereum tokens for $1.05 each. That trade netted him $42,000. Those same tokens are worth roughly $94 million today. Related Reading: Trump-Linked WLFI Files Major Defamation Lawsuit Against Billionaire Justin Sun A Pattern Of Early Exits It wasn’t a one-time call. Schwartz, the former chief technology officer of Ripple, also held more than 1,000 Bitcoin at one point. He sold the bulk of it at $1,000 per coin, then cleared out most of what remained at $7,500. He now holds less than one BTC. His XRP story follows a similar arc — he sold most of his....
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Ripple’s former CTO David Schwartz pushed back against the idea that he is a committed long-term XRP holder, saying in a series of X posts that Ripple stock, not XRP, now represents his main exposure to the crypto sector. The comments matter because Schwartz remains one of the most closely watched figures in the XRP […]
David Schwartz offered one of his most detailed public descriptions yet of Arthur Britto, the elusive XRP Ledger architect whose near-total absence from public life has long fueled speculation across the crypto industry. Speaking in an X Space, Schwartz said Britto is not a myth or a pseudonym, but a deeply private individual whose ideas […]
Ripple’s David Schwartz has revealed that he sold 40,000 Ether at $1 each as part of a risk management plan made with his spouse in 2012. Ripple’s Chief Technology Officer, David Schwartz, has revealed that he and his wife decided to make a “derisking plan” for their crypto investments in 2012 — resulting in eight-figures worth of missed profit at current prices.In a series of tweets published on October 11, Schwartz revealed that he sold 40,000 Ether (ETH) for $1 each back then — a stash that would be worth more than $15.5 million at today’s prices.The Ripple (XRP) executive also said....
Ex-Ripple CTO David “JoelKatz” Schwartz pushed back on viral XRP price calls, arguing that today’s market price is already a referendum on how much credible capital actually believes in a near-term path to $100. His comments also spilled into a broader discussion about XRPL economics and scaling tradeoffs that, in his view, get lost in the hype cycle. Can XRP Reach $100? Schwartz was responding to an X user urging him to tell “xrp supporters” that XRP “can’t and won’t go to 50-100$,” warning that “So many people get poor with investing in xrp.” Schwartz declined to make....
David Schwartz, former CTO at Ripple, has pushed back against accusations that he misled XRP holders, addressing claims of secret government agreements and hidden price mechanisms in a series of posts on X that appear to have reignited a long-running debate within the community. Related Reading: New Bitcoin Quantum Proposal Gives Satoshi A Silent Ownership […]