Former Ripple CTO Draws a Sharp Line Between Investing and Gambling

Jun 17, 2026 - 16:30

Former Ripple CTO Draws a Sharp Line Between Investing and Gambling

Former Ripple CTO David Schwartz challenged the popular claim that stock markets and prediction markets are just casinos, arguing on X that the comparison ignores a fundamental economic divide. Schwartz stepped back from daily operations at Ripple at the end of 2025 and became CTO Emeritus. He entered the debate on June 17, 2026, responding...

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