2020 ended on a bitter note for Ripple as well as the XRP community. The SEC lawsuit caused a lot of commotion in the market which led to the altcoin bagging limited gains from the latest crypto rally. The SEC claims that XRP is a security while Ripple stands strong with the narrative that it is not. This tiff between the two XRP to slump all the way down to $0.20. The platform had previously expressed its urge to leave the US citing lack of regulatory clarity as one of its reasons, it seems like it was too slow to do so. Ripple did not limit its functions as the platform was out and about. The crypto platform’s latest recruitment is substantial proof of the same.
Ripple Recruits Amazon Executive
The show must go on. Ripple seems to be complying with this motto despite its clash with the SEC. A recent tweet from the CEO of Ripple, Brad Garlinghouse revealed that the team had a new Senior Vice President of Engineering who previously served Amazon as the Vice President of Delivery Experience. Garlinghouse’s tweet read,
“Ripple’s all-star engineering team continues to grow – thrilled to welcome Dev as our new SVP of Engineering!”
He further wrote,
“One of the most important lessons that I carry with me from my time at Amazon is the idea of “divine discontent” when it comes to serving customers.”