Ripple Positions Up For Grabs Despite Regulatory Battle

Ripple

Despite its ongoing legal battle with the SEC, Ripple actively seeks to enlarge its workforce. The company has advertised several job openings and encourages suitable candidates to apply.

There are 71 job positions available in various departments at Ripple, focusing on global operations and engineering.

A glimpse at Ripple’s career page shows that they have posted a preview of 71 available job positions in various departments such as global operations, legal, RippleX, RippleNet, finance, and engineering, among others. The company also offers product design, software engineering, and product management internships.

Most available job positions require on-site work and are located in various countries, such as the United States, Canada, Singapore, the United Kingdom, Australia, and the United Arab Emirates.

Despite the ongoing legal dispute with the SEC, Ripple has been increasing the size of its legal team to strengthen its defense strategy and enhance its ability to handle legal proceedings. In July last year, the company hired two Kellogg Hansen lawyers, Kylie Kim, and Clayton Masterman, to appear pro hac vice in the SEC case. Ripple is based in Silicon Valley.

Read more: Attorney John E. Deaton States Ripple Case Could Potentially Reach Supreme Court

There are currently three legal positions available through the company’s platform. These positions include an internship opportunity in Compliance, a position for a Litigation Counsel in San Francisco, and a Corporate Counsel role in Singapore.

Ripple recently announced its latest job vacancies just two months after Monica Long was appointed the new president. Long has been a part of Ripple for almost ten years, starting as the Director of Communications in September 2013.

Layoffs in Crypto Sector Not an Hinderance to Ripple’s Growth

Ripple has shown an impressive dedication to growth. The company’s commitment to expansion is notable, especially considering that other companies within the cryptocurrency industry have been implementing frequent layoffs.

Fortune, a well-known media source, has reported that numerous companies in the cryptocurrency industry, including Genesis, Luno, Huobi, DCG, and Crypto.com, have collectively cut over 2,000 jobs this year alone.

In January, Blockchain.com, a cryptocurrency brokerage firm, reduced its workforce by 28%, equivalent to 110 employees. Similarly, Coinbase, a cryptocurrency exchange based in the United States, laid off approximately 950 employees, representing 20% of its team, during the same month.

Disclaimer: The information in this article should not be considered financial advice, and FXCryptoNews articles are intended only to provide educational and general information. Please consult with a financial advisor before making any investment decisions.

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