Ripple Executive Surprises FTX Staff With An Offer

Chief technology officer of Ripple, David Schwartz, has suggested that former employees of FTX might consider working there in the future.

An earlier version of this offer was made by Schwartz to Twitter employees, who had seen significant layoffs as a result of the management shift and Elon Musk’s entrance. The offers made by the XRP CTO reflect the company’s desire and need to hire more people.

More than 350 positions are open at XRP right now across North America and Asia. Ben “BitBoy” Armstrong, a well-known cryptocurrency blogger, attempted to land a position as XRP’s director of strategy in Singapore, for instance.

Big Techs purchasing Ripple

Schwartz offered positions to former FTX employees and made comments about the prospect of XRP being acquired by a firm like Apple or Microsoft.

The company’s technical expert claims that this is implausible, if only because the XRP component is there. Even if the bitcoin reserves of Ripple are settled, Schwartz claims it is still unclear why a sale would take place.

It is theoretically possible to spin off the technology and sell it, and XRP and RippleX would become separate entities if any interested company wanted to purchase RippleNet. He said that this, however, has absolutely no attribution.

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