Former Ripple CTO David Schwartz liquidates all crypto holdings, citing 'low risk tolerance'

BlockBeats news, November 11: Former Ripple CTO David Schwartz stated that he considers himself to have "low risk tolerance" and has therefore sold almost all of his cryptocurrency. His holdings dropped from approximately 26 million XRP, 1,500 BTC, and 40,000 ETH to about 3 million XRP, 1 BTC, and 6 ETH.

David Schwartz stepped down as Ripple CTO at the end of 2025. He previously led the core code development of the XRP Ledger and worked at the company for more than 13 years, including 7 years as CTO.