XRP Co-Creator Fires Back at Former SEC Attorney Over Post-Ruling Narrative

The third anniversary of the court ruling declaring XRP itself not to be a security was marked this week, and it prompted a notable public exchange between XRP co-creator David Schwartz and a former SEC attorney. Schwartz, who previously served as Ripple's Chief Technology Officer before retiring, directly challenged the former attorney's characterization of the case and its outcome.

Schwartz described the former attorney's commentary as a bizarre attempt to rewrite history, a phrase that has drawn significant attention within the XRP community. The attorney in question had reportedly been a vocal supporter of the SEC's position throughout the litigation and had anticipated a different outcome.

The underlying legal milestone being discussed is the court finding that XRP itself does not constitute a security, a ruling that carried major implications for the token's status in the United States and for the broader crypto regulatory landscape. That finding remains one of the most consequential legal outcomes for any digital asset to date.

The public back-and-forth highlights the continued sensitivity around how the Ripple case is framed and remembered, particularly as regulatory debates around crypto assets continue to evolve. Schwartz's willingness to directly contest the narrative signals that key figures in the XRP ecosystem remain engaged in shaping the public record of the proceedings.