{"id":152203,"date":"2021-01-12T02:39:48","date_gmt":"2021-01-11T23:39:48","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/xrp-tumbles-despite-former-amazon-exec-joining-ripple-as-engineering-lead\/"},"modified":"2021-01-12T02:39:48","modified_gmt":"2021-01-11T23:39:48","slug":"xrp-tumbles-despite-former-amazon-exec-joining-ripple-as-engineering-lead","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/xrp-tumbles-despite-former-amazon-exec-joining-ripple-as-engineering-lead\/","title":{"rendered":"# XRP tumbles despite former Amazon exec joining Ripple as engineering lead"},"content":{"rendered":"<p>&#8220;<strong># XRP tumbles despite former Amazon exec joining Ripple as engineering lead <\/strong>&#8221;<br \/>\n<img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMDEvZTZiYjlmN2EtOWMxNi00OTUxLWIzZjctMGU4YmUyZDhiYjJiLmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-5a136f3a>Amid legal action from the SEC, Ripple has brought in fresh blood from Amazon to lead its engineering team.<\/p>\n<p>In a statement released today, Ripple CEO Brad Garlinghouse <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/bgarlinghouse\/status\/1348688171517706241\">announced<\/a> that former Amazon vice president of delivery experience, Devraj Varadhan, has joined Ripple as its new senior vice president of engineering. <\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Ripple\u2019s all-star engineering team continues to grow \u2013 thrilled to welcome Dev as our new SVP of Engineering! <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/OH5ceDOX4K\">https:\/\/t.co\/OH5ceDOX4K<\/a><\/p>\n<p>\u2014 Brad Garlinghouse (@bgarlinghouse) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/bgarlinghouse\/status\/1348688171517706241?ref_src=twsrc%5Etfw\">January 11, 2021<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>Varadhan has 15 years\u2019 experience at Amazon, where he worked on software development for more than a decade prior to becoming VP of delivery experience. He also spent two years developing cloud and enterprise software with Microsoft. <\/p>\n<p>With Ripple, Varadhan <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/ripple.com\/insights\/accelerating-financial-inclusion-through-technology\/\">plans<\/a> to place an emphasis on building \u201carchitecturally sound systems aligned with customer and business needs.\u201d<\/p>\n<p>Though the price of XRP returned to the $0.30 range last week following a significant downturn in December, it has slipped below the critical support level again. At the time of writing, the token is trading for $0.28 after falling roughly 9% in the last 24 hours. <\/p>\n<p>XRP\u2019s volatility has been attributed to charges brought by the U.S. Securities and Exchange Commission against Ripple, the firm\u2019s co-founder Chris Larsen, and CEO Brad Garlinghouse in December. <\/p>\n<p>The SEC accuses Ripple of conducting an &#8220;unregistered, ongoing digital asset securities offering&#8221; through its XRP sales, with the allegations prompting many crypto exchanges to delist or suspend trading of the token.<\/p>\n<p>The commission&#8217;s case against Ripple will begin with a virtual pretrial conference on Feb. 22.<\/p>\n<p><template data-name=\"subscription_form\" data-type=\"markets_outlook\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/xrp-tumbles-despite-former-amazon-exec-joining-ripple-as-engineering-lead\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# XRP tumbles despite former Amazon exec joining Ripple as engineering lead &#8221; Amid legal action from the SEC, Ripple has brought in fresh blood from Amazon to lead its engineering team. In a statement released today, Ripple CEO Brad Garlinghouse announced that former Amazon vice president of delivery experience, Devraj Varadhan, has joined Ripple&#8230;<\/p>\n","protected":false},"author":1,"featured_media":152204,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/s3.cointelegraph.com\/uploads\/2021-01\/e6bb9f7a-9c16-4951-b3f7-0e8be2d8bb2b.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74892,75557,2758,117],"class_list":["post-152203","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-tokens","tag-xrp","tag-amazon","tag-business"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/152203","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=152203"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/152203\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/152204"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=152203"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=152203"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=152203"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}