Man Who Stole $11M From Charles Schwab Just Escaped Prison, Ripple Ex-CTO Reacts

Jun 5, 2026 - 13:00
Man Who Stole $11M From Charles Schwab Just Escaped Prison, Ripple Ex-CTO Reacts
Arthur Cofield, a 34-year-old Atlanta man already serving time for prior convictions, stole $11 million from a Charles Schwab brokerage account using a contraband cellphone, then escaped from a Georgia federal prison on May 26. The case drew a wry response from David Schwartz, former Chief Technology Officer at Ripple, who wrote on X that...

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