Former Ripple CTO Sells Almost All Crypto Assets, Still Holds Significant Ripple Shares

Former Ripple Chief Technology Officer David Schwartz stated on X that he has sold nearly all of his personal digital assets and has not purchased XRP for quite some time. He still holds a significant amount of Ripple shares, claiming that the risk exposure from this portion of his holdings has exceeded his willingness to bear. Schwartz previously disclosed that he sold approximately 2.5 million XRP in 2025, for which he paid about $1.7 million in capital gains tax. He mentioned that each sale of XRP follows a written plan established at least a month in advance with legal counsel and believes that if the XRP Ledger succeeds, XRP is likely to gain a substantial portion of value from it.

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