Post from Ripple CTO David Schwartz that Frightened the XRP Community: What Does This Mean?

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David Schwartz, chief technology officer (CTO) of American blockchain payment firm Ripple Labs Inc. XRP community in X with the post scared:

“I love the @Ripple team!” is a statement that has more meaning than it currently appears.

In particular, the tech world was shaken over the weekend following the dismissal of Sam Altman, CEO of OpenAI, the start-up behind the ChatGPT chatbot.

Altman’s dismissal has been likened to a corporate OpenAI coup, based on disagreements with the OpenAI board. During this period, there was speculation that Altman might be reinstated under pressure from the company’s investors and employees.

As the speculations deepened, Sam Altman shared, “I love the OpenAI team,” highlighting where the Ripple CTO copied the post. Altman’s approval coincided with a period when the OpenAI team was divided, while Schwartz’s post came at the time when Ripple’s United States Securities and Exchange Commission (SEC) filed a lawsuit against the company and its executives Brad Garlinghouse and Chris Larsen. It was published during a period of complete peace.

The court has since found the company in the right, not treating XRP as a security and dismissing the charges against Ripple executives. This leaves Schwartz’s post as an example of his intent to antagonize the XRP community.

Ripple CTO is an Integral Part of Ripple’s Future

David Schwartz holds a niche leadership role within Ripple Labs and the XRP ecosystem. Ripple LabsIn addition to being responsible for leading the team that designed many of the technology products boasted by , he will play another important role in the company’s future, as internal expansion is at the top of the firm’s list. The Ripple CTO is also a big voice in the broader Web3.0 ecosystem, a role that makes X posts something to consider before making a decision.


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