Ripple Labs Inc. as an advisor in 2015.
Ripple said last week that Barr was no longer associated with the project, as noted by CoinDesk.
The decentralized ledger technology-based payments company is troubled by a U.S. Securities and Exchange Commission lawsuit over whether XRP qualifies as a security.
Ripple earlier this month announced that former
Amazon.com Inc. (NASDAQ:AMZN) Vice President of Delivery Experience Devraj Varadhan was joining the company as the senior vice president of engineering.
XRP has added 10.1% over 24 hours and 31.6% over seven days.
The surge comes as Ripple Labs Inc. the Silicon Valley company behind XRP announced that former
Amazon.com Inc. (NASDAQ:AMZN) Vice President of Delivery Experience Devraj Varadhan has joined the payments network as the senior vice president of engineering.
Ripple s all-star engineering team continues to grow – thrilled to welcome Dev as our new SVP of Engineering! https://t.co/OH5ceDOX4K
“Just as the internet was the driving force behind many of today’s leading companies, blockchain has the potential to fundamentally change our current financial system and bring billions of unbanked people into the financial ecosystem and accelerate financial inclusion globally,” the former Amazon executive said on his motivation to join Ripple.