David Schwartz Dismisses XRP Ledger Centralization Claims as "Objectively Nonsensical"
Ripple CTO Emeritus David Schwartz rejected assertions that Ripple controls the XRP Ledger after a public exchange with Cyber Capital founder Justin Bons.
Ripple CTO Emeritus David Schwartz publicly rejected claims that the XRP Ledger (XRPL) is controlled by Ripple, calling such assertions "objectively nonsensical" in his response to critics [1][4].
The remarks followed a public exchange with Justin Bons, founder and CIO of Cyber Capital, who has criticized XRP and several other altcoins as "centralized blockchains" and questioned networks that rely on licensing systems [3][1].
Multiple outlets reported the exchange and framed it as a renewed debate over decentralization and governance in blockchain networks [2][1].
The dispute attracted coverage across crypto news sites, underscoring continued scrutiny of XRPL's governance and decentralization [1][2].
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Citations
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- 1David Schwartz Dismisses Claims of Ripple’s Control Over XRP Ledger as “Objectively Nonsensical”The Crypto Basic• Feb 25, 2026
- 2Ripple CTO Emeritus Rejects XRP Ledger Centralization Claims Publicly TodayMoneyCheck• Feb 25, 2026
- 3Famous Crypto Fund Founder Slams XRP and Four Altcoins!Bitcoin Sistemi• Feb 25, 2026
- 4Ripple's CTO Emeritus Shuts Down 'Nonsensical' Centralization AccusationsU.Today• Feb 25, 2026
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