Ripple CTO Emeritus Accuses Former SEC Official of “Rewriting History” Over XRP Lawsuit
Jul 14, 2026
< 1 min read
by Lele Jima
for The Crypto Basic

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Ripple CTO Emeritus David Schwartz has challenged claims that the SEC limited its lawsuit against Ripple to the company's method of selling XRP rather than the token itself. Schwartz made the remarks while responding to former SEC Commissioner Marc Fagel, who argued that the SEC consistently maintained that XRP is merely computer code and not inherently a security.
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