Close Menu
Cryprovideos
    What's Hot

    How DeFi Is Powering the Way forward for DAOs – The Each day Hodl

    June 7, 2025

    Trump–Musk feud turns into memecoin meta, results in surge in buying and selling quantity

    June 7, 2025

    Nautilus Launches Tamper-Proof Oracles on Sui Mainnet

    June 7, 2025
    Facebook X (Twitter) Instagram
    Cryprovideos
    • Home
    • Crypto News
    • Bitcoin
    • Altcoins
    • Markets
    Cryprovideos
    Home»Markets»Ripple CTO Denies Being Billionaire
    Ripple CTO Denies Being Billionaire
    Markets

    Ripple CTO Denies Being Billionaire

    By Crypto EditorDecember 29, 2024No Comments2 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email


    David Schwartz, the chief expertise officer at San Francisco-based enterprise blockchain firm Ripple, has denied being a billionaire in a current social media publish.

    Throughout the huge XRP rally that happened in 2018, the highest Ripple bosses famously appeared among the many richest folks on the planet.

    The web value of Ripple co-founder Chris Larsen famously surged to $54 billion. Larsen obtained 9 billion XRP tokens, which explains why his web value swelled at such a dramatic tempo.

    Ripple CEO Brad Garlinghouse was value near $10 billion when XRP reached the value peak.

    Schwartz, who was described as Ripple’s “trillion-dollar man” by Forbes, opted for a 2% stake within the firm and a wage as a substitute of XRP tokens. Again in 2019, Forbes estimated that his web value stood at a comparatively modest $90 million.

    In 2021, Schwarz said that his web value was “loads lower than $170 million.”

    “Circumstance has pressured me to have plenty of my web value tied up in extremely risky belongings. Clearly, I am very proud of the way it’s turned out, however all the time a bit on edge because of the danger,” he stated again in October 2021.

    In 2020, the Ripple CTO confirmed that he personally held XRP, Bitcoin (BTC) in addition to a number of different altcoins.

    Earlier this 12 months, XRP grew to become the speak of the city due to an enormous cryptocurrency rally that pushed the Ripple-affiliated cryptocurrency to the third spot by market cap.

    Earlier this month, Forbes reported that Larsen managed so as to add $6 billion to his web value in a mere month because of the surge of the token.



    Supply hyperlink

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Trump–Musk feud turns into memecoin meta, results in surge in buying and selling quantity

    June 7, 2025

    Nautilus Launches Tamper-Proof Oracles on Sui Mainnet

    June 7, 2025

    Polymarket to Function Official Prediction Market of Elon Musk’s X – Decrypt

    June 7, 2025

    TRUMP memecoin ‘hasn’t pumped’ after Eric Trump says WLF will purchase huge stack

    June 7, 2025
    Latest Posts

    Mapping Bitcoin’s Bull Cycle Potential

    June 7, 2025

    Kiyosaki Pushes Bitcoin, Silver as Trump-Musk Feud Roils Markets | US Crypto Information

    June 7, 2025

    Metaplanet Targets 210K BTC With $5.4B Fairness Elevate – Bitbo

    June 7, 2025

    Bitcoin: Uber accelerates in direction of digital funds with stablecoin

    June 7, 2025

    Bitcoin Sees Adverse Funding On Binance – A Traditional Setup For A Quick Squeeze?

    June 7, 2025

    Bitcoin ETF Issuers VanEck, 21Shares and Canary Ship Letter to SEC

    June 7, 2025

    Metaplanet’s Bitcoin Wager Simply Acquired Greater—Right here’s What Modified

    June 7, 2025

    UK FCA Strikes to Permit Retail Bitcoin ETN Entry – Bitbo

    June 7, 2025

    CryptoVideos.net is your premier destination for all things cryptocurrency. Our platform provides the latest updates in crypto news, expert price analysis, and valuable insights from top crypto influencers to keep you informed and ahead in the fast-paced world of digital assets. Whether you’re an experienced trader, investor, or just starting in the crypto space, our comprehensive collection of videos and articles covers trending topics, market forecasts, blockchain technology, and more. We aim to simplify complex market movements and provide a trustworthy, user-friendly resource for anyone looking to deepen their understanding of the crypto industry. Stay tuned to CryptoVideos.net to make informed decisions and keep up with emerging trends in the world of cryptocurrency.

    Top Insights

    Crypto Funding Large Grayscale Pronounces Launch of New Dogecoin (DOGE) Belief – The Each day Hodl

    February 1, 2025

    SEC Extends Ethereum ETF Choices Evaluate Interval Until April 9

    February 8, 2025

    Crypto’s Bull Run of 2025: 4 Altcoins Poised to Explode

    January 8, 2025

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    • Home
    • Privacy Policy
    • Contact us
    © 2025 CryptoVideos. Designed by MAXBIT.

    Type above and press Enter to search. Press Esc to cancel.