Ripple CTO defends XRP sales as a company right

David Schwartz, chief technology official at Ripple, explained that the company is free to sell XRP whenever it needs.

This was a response to Pierre Ruchard, deputy chief of research on riot platforms, after investors warned that they should not expect Ripple priority for their interests.

“They are free to get rid of you, and you do not have the right to do anything about it, unlike joining them in throwing XRP,” said Rohard on X. Schwartz. IMO, Ripple Can, Will, and you should act of its own interest. He also added that Ripple is not obligated to act in a way that benefits investors at its own expense.

The conversation gained momentum after the Blockchain Zachxbt investigator revealed the old XRP portfolio of more than $ 7 billion. The wallet, which was inactive for more than six years, is believed to belong to the co -founder of Ripple Chris Larsen.

“The XRP addresses that were activated by Chris Larsen are still 2.7B+ XRP ($ 7.18 billion),” Zachxbt posted on cable. He also pointed out that these titles have moved more than $ 109 million from XRP to exchanges in January 2025. Many people now wonder whether Larsen still controlled these funds.

At the same time, XRP recently I saw the price jump After former US President Donald Trump announced plans to include it in a strategic coding reserve in the United States. Besides Bitcoin, Solana and Cardano, XRP was named as a major origin in the plan.

The news paid the price of XRP to $ 2.99 on March 2, but the gathering was short -term. As of now, the price has decreased to $ 2.45. Analysts warn that excitement may not last long, as the reserve still needs congress.