For most of the last 15 months, Ripple has been in the headlines for its protracted battle with the SEC. Although Ripple may have made significant headway in its legal battle, it may have been hit with a major blow, as one of its top directors part ways with the firm.
On March 16, Matt Hamilton, the director of developer relations at Ripple, announced that he would be stepping down from his position at the fintech after one year with Ripple.
Who is Matt Hamilton?
Matt Hamilton is a seasoned developer who joined Ripple in January 2021 as the Director of Developer relations to expand and develop the XRP ecosystem.
At Ripple, Hamilton contributed to the launch of the XRP Ledger Grants program. He also hosted the RippleXDev channels on Twitch and Discord and organized XRPL Hackathons.
Before taking on the job at Ripple, Hamilton had worked with several tech giants, including IBM (NYSE:IBM) and HP (NYSE:HPQ).
Stepping Down To Support His Family
According to a blog post published by Matt Hamilton, 2021 was a “bad year” for him due to his wife’s mental health. He says he will be focusing on supporting his family.
Hamilton explained that he will be stepping down from his role at Ripple after realizing that he’s “spinning too many plates.”
Expressing his gratitude to Ripple for the “both personal and professional” support, Hamilton says he will remain an active member of the XRP community.
On the Flipside
- After losing one of its top developers, Ripple has pledged to distribute one billion XRP ($789 million) to developers.
Why You Should Care
Big on its developer community, Ripple, with its incentive program, aims to create new projects within the XRP ecosystem.
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