Former Ripple CTO David Schwartz sells almost all XRP: "I hate risk"

Former Ripple CTO David Schwartz has sold nearly all of his cryptocurrency holdings, including the bulk of his XRP stash, citing a strong aversion to risk. Schwartz, who stepped down as Ripple's chief technology officer, characterized the move as a personal risk-management decision rather than a statement on XRP's outlook. The disclosure matters because Schwartz was long one of XRP's most visible and committed holders, so his near-total exit draws attention to how even senior insiders weigh concentration risk. XRP traders will watch whether other Ripple-linked insiders follow suit and whether the token's price and liquidity absorb the sale without sustained pressure.