On November 11, 2026, TechFlow reported, citing Cointelegraph, that David Schwartz, former chief technology officer of Ripple, said he had sold the vast majority of the cryptocurrency he held because his personal risk tolerance is relatively low.
As relayed in that notice, Schwartz disclosed that his holdings had fallen from roughly 26 million XRP, 1,500 BTC and 40,000 ETH to about 3 million XRP, 1 BTC and 6 ETH. The report states that the XRP position was reduced by about 88.5 percent and that the BTC and ETH positions were each reduced by more than 99 percent.
These amounts are presented as Schwartz’s own account. The TechFlow item does not include independent verification, sale dates, prices or any further detail on remaining exposure.
Original report: TechFlow, 11 November 2026
