Ripple’s Chief Technology Officer (CTO), David Schwartz, has been addressing some misconceptions and speculations about him. This week, the CTO was questioned about his wealth and billionaire status over NBA game seats.
Now, the crypto community wonders about Schwartz’s relevancy at Ripple and whether he is loyal to his employer or the technology he has helped develop.
Who Is David Schwartz Loyal To?
After clarifying the misconception that he is a billionaire, Schwartz received more speculative comments and criticism over his role at Ripple Labs and where his loyalty is.
An X user stated that the CTO is “just an employee of Ripple Labs.” The user added, “His allegiance is to Ripple, not the XRPL nor XRP…” Schwartz took notice of the post and explained to whom he is loyal and why.
The response details how Ripple’s co-founder Chris Larsen approached Schwartz and asked him to join the board. Larsen wanted the CTO on the team because he considered Schwartz loya
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