Ripple general counsel Brynly Llyr has exited the blockchain payments startup, a spokesperson told on Friday. Llyr joined the company in 2016 as its top legal officer, remaining a part of the team for two and half years. While no reason was provided for her departure, a Ripple spokesperson told CoinDesk that her leaving was a “mutual decision” between her and the firm. Quartz first reported the news.
“We’re grateful to all that she did to help build an incredible team that will continue the work they’ve been focused on for the past year and beyond. We wish Brynly all the best in her next endeavor and the team here at Ripple looks forward to the next chapter where we will continue to pave the way in this ever-evolving and unchartered industry.”
Prior to joining the firm, she “advised fintech companies … [and] led litigation teams and partnered on matters including commercial deals, [mergers and acquisitions] and [intellectual property] protection” with PayPal and eBay, according to her company biography.
The news comes as Ripple prepares to fight multiple class-action lawsuits claiming the XRP token is a security distributed by the company.