Crypto holdings have fallen sharply: former Ripple CTO David Schwartz holds only about 3 million XRP, 1 BTC, and 6 ETH.

A quick breakdown of the impact: the news is somewhat negative and could easily trigger risk aversion in the short term. The key is to watch how well support levels below hold.
$XRP Current price: 1.0555; 24-hour range: 1.0311–1.1063.