Categories: MarketsMenafn

Ripple CTO is Skeptic About His Role

Ripple’s Chief Technology Officer, David Schwartz, has made a statement on X regarding his role in the crypto firm.

David’s response came after a crypto journalist stated that he’s just an employee at Ripple Labs and has no business with the XRP Ledger. 

David Schwartz Speaks Out About His Loyalty To Ripple

In a recent post on X, David Schwartz, the CTO of Ripple, shared the uncertainties surrounding his role which has sparked speculation within the cryptocurrency community. According to him, XRP co-founder Chris Larsen once told him to join the XRP board because he was a loyal employee.

David Schwartz, however, stated that he’s loyal to whatever earns his loyalty and he would leave if he feels that XRP doesn’t deserve it. He also said that he does not have to keep working for Ripple as long as it is not “fun”. 

David went further to reveal that he does hold a lot of Ripple Labs shares although he previously claimed that he’s not a billionaire yet.  

This statement has sparked skepticism about his role as Chief Technology Officer of XRP as it is almost clear that David might be hinting about his exit from the crypto firm. It is important to note that David Schwartz is a prominent figure in the blockchain space and his views hold weight.

Jerry Rolon

After working for 7 years as a Internet Marketer, Jerry now aims to explore the journalistic side of Internet. With his impeccable knowledge in this domain, he churns out some of the best news articles from the internet niche. With respect to acedamics, Jerry earned a degree in business from California State University.

Recent Posts

Crypto Market Crash Sees Liquidations Near $700 Million as Bitcoin Price Plunges

Over the last 24 hours, liquidations in the cryptocurrency space have neared the $700 million…

11 hours ago

ERA Wallet Launches with Innovative Security and Control Features

Dubai, UAE, 10th March 2025, ZEX PR WIRE, ERA Wallet, a next-generation hardware wallet, announced its…

16 hours ago

AMMO AI Secures $2.5M Pre-Seed to Develop AI Agent Societies for Real-World Impact

London, UK, 10th March 2025, ZEX PR WIRE, In the rapidly evolving world of artificial…

16 hours ago

Arbitrum Testnet Goes Live on Zeta Blockchain: Details

ZetaChain, described as the world’s first universal blockchain, has officially launched support for the Arbitrum…

2 days ago

BNB Chain’s Pascal Hard Fork Set for March 20: A Leap Towards Ethereum Compatibility and Smart Contract Wallets

BNB Chain is preparing for one of its most significant upgrades yet, with the Pascal…

3 days ago

Seismic Secures $7M in Funding Led by a16z Crypto

Seismic, an emerging encrypted blockchain developer, has successfully raised $7 million in a funding round…

3 days ago