Ex-Ripple CTO David Schwartz Advises Against Buying XRP, Recommends Ripple Stock and Discloses Million‑Plus Past Holdings

David Schwartz, the XRP Ledger co‑founder and former Ripple CTO, said in posts on X that people "probably shouldn't" buy Ripple and suggested that anyone seeking direct exposure to Ripple's success should consider Ripple stock on the secondary market instead of XRP ^{[1] [2]}.

Coverage of Schwartz's remarks also recounted his disclosures about past XRP holdings: he said his idea of "not a lot is still more than a million" and has been reported to have once held as many as 26 million XRP; some outlets summarized his position as holding over 1 million XRP as his only crypto bet ^{[3] [4]}.

The comments attracted attention because Schwartz remains a closely watched figure in the XRP community, and media outlets highlighted the distinction he drew between holding company stock and holding the XRP token ^{[2] [1]}.

Schwartz described these remarks as his personal view; reporting emphasized his recommendation that stock, not the token, represents his primary exposure to Ripple-related business risks ^{[1] [2]}.