Speculation began after Johnson was removed from Ripple’s executive team page — first pointed out on Twitter by Geoff Golberg. Additionally, Johnson took all mentions of Ripple and XRP off his own profile.
The rumors were confirmed yesterday by a Ripple spokesperson, who told CoinDesk, “Cory’s last year at Ripple was a success in representing the company to investors, press and regulators. Cory helped Ripple with strategy internally and overall industry education. But due to changes in market conditions, we’ve chosen to eliminate the role of Chief Market Strategist.”
The move comes as somewhat of a surprise, as Johnson has long been a visible face for XRP, pushing information across social media and at events for the company, often with charged language. Most recently, Johnson blasted Bitcoin maximalists who claim that the pre-mined XRP is overly centralized, emphasizing the tremendous amount of power that Chinese miners have over the Bitcoin network.
As stated in his bio, Johnson previously worked as a hedge fund portfolio manager at Kingsford Capital Management and journalist at Bloomberg and CNBC covering high-growth technology companies.
There has been no public statement made by Johnson at the time of publication and his Twitter has been unusually quiet over the last week, although he did wish Jim Cramer a happy birthday yesterday.
Disclaimer: This article’s author has cryptocurrency holdings that can be tracked here. This article is for informational purposes only and should not be taken as investment advice. Always conduct your own due diligence before making investments.