By Prashant Jha
Ripple today appointed former US treasurer Rosie Rios who served as the 43rd treasurer in the Barack Obama administration to its board of directors. The appointment comes right after the fintech firm has hired fintech executive Kristina Campbell as its chief financial officer. The recent slew of appointments seems to be taken in line with their ongoing lawsuit against the SEC that accused the firm of selling unregistered security in the form of XRP.
Rios in an official statement said,
“I’ve dedicated my career to financial inclusion and empowerment, which requires bringing new and innovative solutions to staid processes. Ripple is one of the best examples of how to use cryptocurrency in a substantive and legitimate role to facilitate payments globally.”
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