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You are here: Home / Cryptocurrency News / Altcoin News / Ripple Onboards New Senior Vice Prez Of Engineering From Amazon Amidst SEC Lawsuit

Ripple Onboards New Senior Vice Prez Of Engineering From Amazon Amidst SEC Lawsuit

By Sahana Kiran | Edited By ,January 12, 2021, 10:30 PM

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!”
Devraj Varadhan in an elaborate post on Ripple’s blog pointed out that he worked for Amazon for over 15 years and decided to join Ripple to aid the platform’s vision of enabling the Internet of Value [IoV]. He pointed out that the success of companies comes from the obsession with their customers, the weightage of invention, engineering strength as well as operational rigor. The world figured the importance of digitalization during the pandemic, as several firms step into digitalization, Varadhan seems to be getting into the process with an already established platform.

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.”
While XRP did not really make a lot of profit during this bull run, the news of its latest recruit didn’t act as a catalyst either. The altcoin managed to follow the trail of the ongoing trend and surged to $0.30 with a 4.60% surge in the last 24-hours.

Filed Under: Altcoin News, Cryptocurrency News

About Sahana Kiran

Experienced Journalist with a demonstrated history of working in the online media industry. Skilled in Photography, Feature Writing, Journalism, Online Journalism, and Web Content Writing. Strong media and communication professional with a Bachelor of Arts - BA focused in Journalism

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