Former Ripple CTO: There Are No Secret US Govt Plans for XRP
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- Schwartz said there are no secret deals with governments or central banks tied to XRP.
- Ripple has hundreds of NDAs, but theyāre just normal commercial contracts.
- He repeated that XRP escrow balances are open for anyone to see onāchain.
David Schwartz, Chief Technology Officer Emeritus at Ripple, has pushed back on persistent conspiracy theories that the US government or central banks have secret deals tied to XRP. Reacting to rumors spreading online, Schwartz flatly denied any secret deals.
He addressed several recurring theories, including that governments are quietly stacking XRP, there are preāarranged contracts linked to XRP escrow, and XRP is somehow part of a clandestine global financial reboot.
The former CTO dismissed all of these ideas as unfounded, stating that there are no secret deals with governments or central banks tied to XRP.
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