{"id":89675,"date":"2026-05-05T01:31:35","date_gmt":"2026-05-05T01:31:35","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=89675"},"modified":"2026-05-05T01:31:35","modified_gmt":"2026-05-05T01:31:35","slug":"former-ripple-cto-lied-to-xrp-holders-david-schwartz-makes-key-clarification","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=89675","title":{"rendered":"Former Ripple CTO Lied to XRP Holders? David Schwartz Makes Key Clarification"},"content":{"rendered":"<div>\n<p class=\"font-claude-response-body break-words whitespace-normal leading-[1.7]\"><strong>David Schwartz, former CTO at Ripple, has <a href=\"https:\/\/x.com\/JoelKatz\/status\/2050742261173100559?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E2050742261173100559%7Ctwgr%5Ea0e1f01678384c235e756c9f7a52c148d8886b62%7Ctwcon%5Es1_&amp;ref_url=https%3A%2F%2Fthecryptobasic.com%2Fdavid-schwartz-denies-signing-agreement-with-ripple-to-lie-to-xrp-holders%2F\" target=\"_blank\" rel=\"noopener nofollow\">pushed back<\/a> against accusations that he misled XRP holders, addressing claims of secret government agreements and hidden price mechanisms in a series of posts on X that appear to have reignited a long-running debate within the community.<\/strong><\/p>\n<p class=\"font-claude-response-body break-words whitespace-normal leading-[1.7]\">The controversy surfaced after X user @uptownsaul raised questions about whether Schwartz had been less than transparent with the XRP community regarding Ripple\u2019s undisclosed agreements. The exchange prompted the Ripple veteran to step in with a direct clarification \u2014 one that touched on NDAs, price theories, and what he described as persistent misinformation circulating in the space.<\/p>\n<p>Schwartz Draws A Line Between NDAs And Conspiracy Theories<\/p>\n<p class=\"font-claude-response-body break-words whitespace-normal leading-[1.7]\">According to his posts on X, Schwartz did not deny that Ripple maintains confidential agreements. He acknowledged that many of the company\u2019s partners require NDAs to protect their business arrangements. What he pushed back on was the interpretation of those agreements as evidence of something larger.<\/p>\n<p class=\"font-claude-response-body break-words whitespace-normal leading-[1.7]\">In his posts, Schwartz appeared to categorize recurring claims \u2014 that the U.S. government has a secret plan for XRP, or that Ripple is holding back a mechanism to drive prices sharply higher \u2014 as conspiracy theories that are \u201calmost always\u201d false. He stated that no secret agreements with the government exist and that Ripple\u2019s escrow releases follow a fixed, publicly verifiable schedule on the XRP Ledger.<\/p>\n<p>A Pointed Challenge To Price Theories<\/p>\n<p class=\"font-claude-response-body break-words whitespace-normal leading-[1.7]\">Schwartz also addressed long-standing speculation about extreme XRP price targets. In one post on X, he questioned why well-capitalized investors who truly believed in a multi-thousand-dollar XRP scenario would not already be bidding the price significantly higher \u2014 framing the absence of such activity as its own form of market data.<\/p>\n<p class=\"font-claude-response-body break-words whitespace-normal leading-[1.7]\">When X user @NeilBilon weighed in on the discussion, Schwartz responded again, reiterating that Ripple\u2019s operations and goals are communicated through public channels, even if certain commercial details remain confidential.<\/p>\n<p class=\"font-claude-response-body break-words whitespace-normal leading-[1.7]\">Separately, @TGMoney85 raised additional questions about Schwartz\u2019s past statements, which Schwartz addressed by clarifying that his earlier remarks on XRP\u2019s role were economic in nature, not price predictions.<\/p>\n<p class=\"font-claude-response-body break-words whitespace-normal leading-[1.7]\">As of this writing, XRP trades at around $2.11, with Schwartz\u2019s comments drawing significant attention across the community but appearing to have had little immediate impact on the asset\u2019s price action.<\/p>\n<p class=\"font-claude-response-body break-words whitespace-normal leading-[1.7]\"><img data-recalc-dims=\"1\" fetchpriority=\"high\" decoding=\"async\" class=\"aligncenter wp-image-679078 size-large\" src=\"https:\/\/bitcoinist.com\/wp-content\/uploads\/2026\/05\/XRPUSD_2026-05-04_13-08-46.png?w=980&amp;resize=980%2C524\" alt=\"XRP Ripple XRPUSD_2026-05-04_13-08-46\" width=\"980\" height=\"524\" srcset=\"https:\/\/bitcoinist.com\/wp-content\/uploads\/2026\/05\/XRPUSD_2026-05-04_13-08-46.png?w=2660 2660w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2026\/05\/XRPUSD_2026-05-04_13-08-46.png?w=640 640w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2026\/05\/XRPUSD_2026-05-04_13-08-46.png?w=768 768w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2026\/05\/XRPUSD_2026-05-04_13-08-46.png?w=980 980w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2026\/05\/XRPUSD_2026-05-04_13-08-46.png?w=1536 1536w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2026\/05\/XRPUSD_2026-05-04_13-08-46.png?w=2048 2048w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2026\/05\/XRPUSD_2026-05-04_13-08-46.png?w=750 750w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2026\/05\/XRPUSD_2026-05-04_13-08-46.png?w=1140 1140w\" sizes=\"(max-width: 980px) 100vw, 980px\"><\/p>\n<p>Cover image from Grok, XRPUSD chart from Tradingview<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>David Schwartz, former CTO at Ripple, has pushed back against accusations that he misled XRP holders, addressing claims of secret government agreements and hidden price mechanisms in a series of posts on X that appear to have reignited a long-running debate within the community. The controversy surfaced after X user @uptownsaul raised questions about whether [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-89675","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/89675","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=89675"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/89675\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=89675"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=89675"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=89675"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}