Ripple CTO David Schwartz Reveals His Total Exposure to FTX

In a recent revelation, David Schwartz, the chief technology officer of blockchain payments firm Ripple Labs Inc said he also has funds locked up on the now-bankrupt 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.