Ripple CTO David Schwartz expressed regret over selling 40,000 ETH at $1.05, which he now realizes was a significant missed opportunity. Schwartz had acquired the ETH during Ethereum's pre-ICO era and sold it to buy solar panels for a home he no longer owns. The ETH stash would have been worth $100 million. Schwartz's disclosure garnered reactions from the crypto community, with some noting the missed opportunity and questioning the fate of the solar panels. Schwartz has been transparent about his crypto holdings, stating that he has never sold XRP to buy other cryptocurrencies except for small amounts for "unusual" reasons. Ripple CEO Brad Garlinghouse has also disclosed his holdings, which include XRP, BTC, and ETH, emphasizing a level playing field for all cryptocurrencies.
Content Editor ( u.today )
- 2025-02-09
Ripple CTO Shares Biggest Regret: Selling 40,000 ETH Too Early
