For most of the last 15 months, Ripple has been in the headlines for its protracted case with the SEC. Although Ripple may have made significant headway in its legal battle, it may have just suffered with a major blow, as one of its top directors parts ways with the firm.
On March 16th, Matt Hamilton, the director of developer relations at Ripple, announced that he would be stepping down from his position at the fintech project 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 his position at Ripple, Hamilton had worked with several tech giants, including IBM and HP.
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. As such, he made the decision to focus 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 USD) to developers.
Why You Should Care
With a large focus on its developer community, Ripple, through a robust incentives program, aims to create new projects within the XRP ecosystem.