In accordance with a tweet revealed on November 24, Schwartz claims to personal between a million ($660,000) and ten million XRP ($6.6 million), giving the CTO a considerable place.
Earlier within the month, Schwartz divulged extra details about his crypto portfolio and buying and selling habits. The Ripple government defined in a Quora submit that he had misplaced a major sum of money buying and selling altcoins which in the end proved to be “worthless.”
Listed here are only a few cryptocurrencies that I purchased that I in the end needed to write off as nugatory:
TIX, DICE, FLASH, VEZT, AMP, SIG, BEE, KIND, PRYZE, KUDOS, NRN
My complete losses, simply on tokens that turn out to be utterly nugatory, is simply over $300,000.
Schwartz mentioned he was total web optimistic in his crypto-asset investments, however not proof against the occasional unhealthy commerce.
Schwartz additionally revealed in a tweet final month that he bought Bitcoin for $750 and Ether for $1 as a part of a de-risking plan he established in 2012 alongside his spouse.
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