Ripple's former CTO, Dayid Schwartz, sold almost all of his crypto assets, citing serious concerns about risk management. His portfolio, which previously held 26 million XRP, 1,500 BTC, and 40,000 ETH, has now shrunk to 3 million XRP, 1 BTC, and 6 ETH.
Schwartz, who led development of the XRP Ledger for more than 13 years, left Ripple at the end of 2025. His decision reflects a personal risk-reward strategy, prioritizing lower exposure in a volatile market.
According to BlockBeats, on November 11, David Schwartz, former chief technology officer of Ripple, said that he considers himself to have a "low risk tolerance" and therefore sold almost all of his crypto assets.
His holdings fell from approximately 26 million XRP, 1,500 BTC, and 40,000 ETH to around 3 million XRP, 1 BTC, and 6 ETH.
David Schwartz will step down as Ripple's Chief Technology Officer at the end of 2025; he led the development of the XRP Ledger's core code and worked at the company for more than 13 years, including 7 years as CTO.
#Ripple #davidschwartz #Xrp🔥🔥 #Web3 #defi
