Ripple CTO David Schwartz Reveals His Total Exposure to FTX

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Ripple CTO David Schwartz Reveals His Total Exposure to FTX
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Ripple's JoelKatz is also exposed to FTX, don't be shocked by the amount

crypto trading platform, FTX Derivatives Exchange. According to his tweet, he initially thought he has no liability with the trading firm, but after proper checking, he discovered he has $2,500 in crypto locked up with the exchange.

Describing a similar situation, Schwartz said he once discovered he has 100 BTC tokens in a wallet that he had already forgotten about. According to him, the discovery was made at a time when the price of Bitcoin was pegged at just about $2,500 per coin. The revelation that David Schwartz has slight exposure to FTX is a major indication that the more than 100,000 creditors that the trading platform said it owes could feature some of the big names known in the crypto ecosystem.

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