After 12 years of working at the Silicon Valley technology company, David Schwartz took to Twitter on Friday to disclose how he became a staff at Ripple. This recent update further revealed Schwartz’s expertise and vast years of experience in the crypto and blockchain industry.
How David Schwartz Joined Ripple
The current Chief Technology Officer (CTO) of Ripple, David Schwartz first showed his interest to work at Ripple in September 2011. According to the update, Schwartz saw Ripple’s vacancy for the position of Lead Software Engineer on Stack Overflow.
On September 17, 2011, he applied for the job via a mail directed to Jed McCaleb, the co-founder of the San Francisco-based cross-border payment firm. In the mail sent to Jed, Schwartz outlined his exceptional crypto-related skills including content writing, adding that he is an expert with the C++ programming language.
In addition, he highlighted his active participation in the Bitcoin community, revealing that he had the highest reputation on the Bitcoin Stack Overflow site at the time of applying to work at Ripple.
This is the first email exchange between Jed and I that led to him hiring me. pic.twitter.com/BjXlvHbdK6
— David "JoelKatz" Schwartz (@JoelKatz) February 24, 2023
Read Also: Ripple CTO David Schwartz on XRP Buyback Proposal: It “looks an awful lot like a scam”
Responding to the mail, Ripple co-founder Jed McCaleb lauded Schwartz’s skills, stating that he was a good fit for the Lead Software Engineer position. Three months later, Schwartz joined the popular crypto solutions company as the Chief Cryptographer as per his LinkedIn profile.
Following his great contributions to the growth and adoption of Ripple by numerous financial companies and governments, David Schwartz, who is now regarded as one of the architects of the XRP Ledger, was appointed Ripple’s Chief Technology Officer in December 2018.
Jed McCaleb Controversies at Ripple
On the other hand, Ripple co-founder Jed McCaleb left Ripple in June 2013 after it was clear he no longer had the vision of the company in mind.
Consequently, the nicknamed ‘accidental billionaire’ began dumping his significant stake of 9 billion XRP regularly in 2014 until the last unit was sold on July 17, 2022. For context, he originally owned 9 billion units of XRP in 2012 when the XRP Ledger was created.
Reacting to Jed McCaleb’s massive XRP dump, the attorney representing thousands of XRP holders in the Ripple-SEC John Deaton, expressed the level of inconsistency and illegitimacy of SEC’s claims against Ripple for its failure to also sue the Ripple co-founder and former CTO.
Read Also: Ripple CTO Defines What Constitutes a Security and Commodity as the SEC Battles Over XRP
It’s worth noting that McCaleb began dumping his XRP stake after the U.S. SEC filed a lawsuit against Ripple in December 2020, claiming that XRP is a security.
While Ripple and its chief executives have been battling with the SEC for over two years now, David Schwartz recently shared a cryptic message that revealed how Ripple has been surviving ever since the XRP lawsuit.
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