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Ripple’s Ex-CTO Switched His Profile Picture to an XRPL Meme Coin

BeInCrypto
Ripple’s David Schwartz faces criticism after changing his social media profile picture to an image of an XRPL meme coin named FUZZY.

Summary

David Schwartz, Ripple’s CTO Emeritus, has sparked controversy by updating his X profile picture to a character associated with FUZZY, a meme coin on the XRP Ledger. This move is being scrutinized because Schwartz previously criticized speculative meme coin investing as distasteful. While he previously claimed that opening a technical "trust line" for the coin was not an endorsement, critics argue that changing a profile picture is a deliberate act that creates market influence and potential risk for retail investors.

(Source:BeInCrypto)