David Schwartz Confirms a Major Sell-Off of His XRP
Ripple (
@Ripple) CTO Emeritus, David Schwartz (
@JoelKatz) says he has sold nearly all the digital assets he once held.
The Ripple CTO Emeritus cited his low tolerance for financial risk.
His $XRP (
@XRP) holdings fell from around 26 million to roughly 3 million. His Bitcoin stash dropped from 1,500 $BTC to just 1 BTC. He also went from 40,000 $ETH to only 6 ETH.
Schwartz says he has not bought XRP in a long time.