In XRP news today, David Schwartz, Ripple's CTO Emeritus and co-creator of the XRP Ledger, publicly admitted on July 20, 2026 that he regrets selling XRP at $0.10 and 40,000 ETH at roughly $1.05 each – but he was clear that neither sale reflected a loss of conviction in crypto. Both were products of a rules-based risk-management pact he had made with his wife years earlier.
The admission landed on X under his longtime handle JoelKatz, after another user raised his history of selling XRP at $0.10 and Ethereum near $1.
With XRP price trading around $1.13 and ETH price near $1,927 at the time of the article's publication, according to multiple price feeds, the scale of the missed upside is not hard to calculate.
The central tension this story unpacks: even one of crypto's most technically sophisticated insiders – a man who helped build XRP from the ground up – systematically sold ***** ets that later generated life-changing returns, and he did it on purpose.
Schwartz's explanation centers on an agreement he reached with his wife around 2012, when they discussed a cryptocurrency derisking plan.
#selling #wife #around #emeritus
The admission landed on X under his longtime handle JoelKatz, after another user raised his history of selling XRP at $0.10 and Ethereum near $1.
With XRP price trading around $1.13 and ETH price near $1,927 at the time of the article's publication, according to multiple price feeds, the scale of the missed upside is not hard to calculate.
The central tension this story unpacks: even one of crypto's most technically sophisticated insiders – a man who helped build XRP from the ground up – systematically sold ***** ets that later generated life-changing returns, and he did it on purpose.
Schwartz's explanation centers on an agreement he reached with his wife around 2012, when they discussed a cryptocurrency derisking plan.
#selling #wife #around #emeritus
8 days ago
