Ripple: 80% of Hiring will be Outside the US Amidst SEC Legal Battle!
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Ripple CEO Brad Garlinghouse stated during the interview that over 80% of the company’s hiring for this year will be done outside the US. The announcement comes in the midst of a legal battle with the Securities and Exchange Commission (SEC) over the classification of its XRP cryptocurrency. Ripple plans to expand globally and hire key personnel in countries such as Japan, Singapore, and the United Kingdom. Ripple has denied the allegations that it raised $1.3 billion through unregistered securities and will fight the case in court.