| Mobile Web

David Schwartz says Ripple XRP sales are not at holders\' expense

David Schwartz, Ripple\'s former chief technology officer, publicly rejected claims that Ripple\'s sales of XRP directly harm token holders. He said linking Ripple sales to investor losses misunderstands how markets work, arguing that if investors reasonably expect future sales to weigh on prices, that expectation is already reflected in today\'s market price. The dispute has widened to Ripple\'s business model and XRP\'s role, including criticism from a Chainlink executive.