Former Ripple CTO David Schwartz says he has not purchased XRP in a long time and has substantially reduced his crypto holdings, revealing that he sold approximately 2.5 million XRP in 2025 and paid about $1.7 million in capital gains tax on those sales. The disclosure followed criticism from XRP community member Ricky (@WHTBOYRICKY), who questioned how much tax Schwartz would owe from XRP he allegedly “dumped” this year.
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