Ripple ex-CTO David Schwartz rejects $10,000 XRP targets, defends selling

David Schwartz defended selling XRP and questioned $100–$10,000 price targets. He said selling isn’t immoral and confirmed he still holds over 1M XRP.

Ripple’s former CTO pushed back on criticism in a public X thread. He wrote that everyone had the same opportunity to buy and sell, and that he applied the same approach to Bitcoin and Ethereum as to XRP, without seeing similar backlash. His post is here.

He argued builders aren’t obliged to hold their project’s tokens. He called that idea illogical. His bio is here.

Schwartz has previously disclosed selling most of his XRP around $0.10. That sale shaped community debate on his judgment. Disclosure reference.

On $10,000, he gave a market test. If wealthy investors saw even a 1% chance of $10,000, he said, their buying would have pushed XRP to at least $20 by now. He has not revised that view. Thread.

Key points for investors:
- Schwartz rejects the idea that selling is morally inferior. Source
- He says he used the same sell logic across BTC and ETH. Source
- He doubts XRP can reach $100–$10,000 and offers a $20 price test. Source
- He confirms holding over 1M XRP. Source
- Community criticism focuses on his earlier XRP sale near $0.10. Source