Ripple CTO spoke about the loss of $ 300,000 on obscure altcoins CTO of the fintech company Ripple David Schwartz said that his losses from investments in altcoins exceeded $ 300,000.

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Ripple CTO spoke about the loss of $ 300,000 on obscure altcoins CTO of the fintech company Ripple David Schwartz said that his losses from investments in altcoins exceeded $ 300,000.

Ripple CTO talks about losing $ 300,000 on obscure altcoins

David Schwartz, CTO of Ripple fintech company, said his losses from investments in altcoins exceeded $ 300,000.

Schwartz took part in a discussion on the Quora portal, one of the users of which asked: "Have you ever lost money trading Bitcoin or any other cryptocurrency?"

CTO Ripple stated that he made several cryptocurrency investments, which "ultimately had to be written off as worthless." “I've bought a lot of cryptocurrencies that have been disastrous. My cumulative loss only from tokens that have completely lost their value exceeds $ 300,000, "he wrote.

He also gave examples of such tokens: Blocktix (TIX), DICE, Flash (FLASH), Vezt (VEZT), Amp (AMP), Signal Token (SIG), Bee (BEE), Kind Ads Token (KIND), Pryze (PRYZ) ), KudosCoin (KUDOS) and Neuron (NRN).

This is not the first time Schwartz has spoken about his failed investment decisions. In October, he announced that he sold 40,000 ETH at $ 1, losing more than $ 18 million in benefits at the current exchange rate..

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