Ripple's CTO, David Schwartz, addresses loyalty and role amidst rumors about his wealth Amidst speculation about his billionaire status after being seen at an NBA game, Ripple's CTO David Schwartz has questioned his commitment to Ripple and the technologies he has developed. Schwartz responded to a comment that suggested he is merely a Ripple employee with loyalty primarily to the company, rather than to the XRP Ledger or XRP itself. He elaborated on his view of loyalty, which he believes must be earned, referencing a conversation with Ripple’s co-founder, Chris Larsen, who valued Schwartz for this trait.