Ripple CTO Emeritus David Schwartz sold 2.5 million XRP in 2025 citing risk

David Schwartz, a co-creator of the XRP Ledger and Ripple CTO Emeritus, has revealed that he sold the majority of his XRP holdings, addressing criticism from community members who accused him of offloading tokens on retail investors. Schwartz once held as many as 26 million XRP. By August 2026, his position had decreased to approximately 2 million tokens. In a recent post on X, Schwartz directly responded to questions about his XRP sales, noting, “I think I’m down from about 26 million at my peak to about 2 million now.” He explained that while some XRP was given as gifts or transferred, most of his overall reduction resulted from direct sales on the open market. During 2025 alone, Schwartz sold around 2.5 million XRP.

BeCrypto News shows a short excerpt and links to the publisher. The full report belongs to CoinTurk News.