Former Ripple CTO David Schwartz sells off all his crypto, citing 'low risk tolerance'

BlockBeats news, November 11: David Schwartz, former CTO of Ripple, said he considers himself 'low risk tolerance' and has sold almost all of his cryptocurrencies. His holdings have dropped from around 26 million XRP, 1,500 BTC, and 40,000 ETH to approximately 3 million XRP, 1 BTC, and 6 ETH. David Schwartz stepped down as Ripple's CTO at the end of 2025. He previously led the core code development of the XRP Ledger and worked at the company for over 13 years, serving as CTO for seven years.