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Former Ripple CTO Explains Longstanding Crypto Selling Pact

CoinCentral·November 11, 2026·1 min read
Former Ripple CTO Explains Longstanding Crypto Selling Pact

David Schwartz, former Ripple CTO, revealed his XRP holdings dropped from 26 million to 3 million tokens, Bitcoin from 1,500 BTC to one, and Ether from 40,000 to six. He sold 2.5 million XRP in 2025, paying about $1.7 million in capital gains taxes, explaining his longstanding selling pact.

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