FLIP THE SWITCH! Shocking Reason Why Ripple Is Hiring THOUSANDS Extra Employees

6 Views


Published
Ripple is unquestionably on a roll. While in the middle of a make-or-break dispute with the SEC, the blockchain specialist continues to grow its reach throughout the globe with new institutional partners and new XRP-powered products.
As the network expands, there comes an increasing demand for more people to work and meet the needs of the growing network. So to face this challenge and meet the exploding demand for Ripple's Blockchain solutions, the payment company is looking to add a few hundred people to its ranks.
This was made official by the Ripple CEO Brad Garlinghouse in a recent tweet. He said, "Great to catch up with you dan Murphy at FTAD! Despite (regulatory) headwinds in the US, Ripple has had a blockbuster year with ODL expansion & MENA traction, and we are gearing up to hire a few hundred people next year to fuel our growth."
The payment company has a strong team of employees. It has the experts from SEC, US government, Google, and many other important companies and their experiences are a major contribution to the payment company. With all these important, experienced employees and the announcement of hundreds of new employees is a sign of something major that is on its way. Something for which the payment company is building a strong team and working day and night. The ongoing lawsuit is a hurdle in XRP's future or we can also say that it was planned to slow down the process so at the back end, the work can be done properly. And once the lawsuit is over, the crypto currency is going to explode.
In the tweet where Brad Garlinghouse has mentioned about the hiring of new employees, he also shared a recent interview with CNBC. In the interview, the CEO has praised Judge Sarah Netburn, the judge presiding over the Ripple SEC Lawsuit.
Judge Sarah Netburn's rulings have given Ripple a number of victories so far in the case. These include ordering an in camera assessment of the SEC's privilege claims, which was a big setback for the plaintiff, and requiring the ex-SEC Commissioner William Hinman to testify.
The CEO told CNBC's Dan Murphy that, "We're seeing pretty good progress despite a slow-moving judicial process," he further said, "Clearly we're seeing good questions asked by the judge. And I think the judge realizes this is not just about Ripple, this will have broader implications."
According to the sources, the SEC has also been required to explain itself on a number of fronts, ranging from XRP sales offshore to questions about the fair notice defence and whether the XRP ledger was "fully functional" when the sales took place in 2013. The Hogan attorneys provided their thoughts on Ripple's big triumph.
Judge Sarah Netburn is currently hearing expert witnesses as part of the expert discovery process, which explains the lack of updates on the case.
The attorney Jeremy Hogan, who has been following the lawsuit from the beginning shared that, "I am certain that each side, in this case, have listed numerous experts and they will be explaining all the technical aspects of the case to the judge and we can expect each deposition to last all day and each expert must prepare a report of his or her opinion and I wouldn’t be surprised if there are 10 to 15 experts in total on this case. So when adding it all together that’s a lot of work going on right now in the case behind the scenes."

#XRP #Ripple
_____________________________________________________


Hope you guys enjoy this!
Category
Ripple News
Be the first to comment