Former Ripple CTO Draws a Sharp Line Between Investing and Gambling

Crypto Insight Summary: He holds a degree in computer science specializing in IT systems, where he developed expertise in encryption algorithms and cryptography. He started his career as an IT specialist before transitioning into crypto journalism in 2020, covering digital assets, decentralized finance, and regulatory developments. Over time, he established himself in the crypto media landscape, contributing analysis and reports for leading publications. Phil currently serves as EU Ambassador for BeInCrypto, representing the platform across all European markets. He has participated in industry discussions, conducted interviews with industry leaders like Adam Back, and built working relationships across the sector with teams from Web3 projects and KOLs. If you have a story you want to discuss, please reach out here: phil.haunhorst@beincrypto.com 175 contributions [News Markets 8 minutes ago Former Ripple CTO Draws a Sharp Line Between Investing and Gambling](https://beincrypto.com/former-ripple-ceo-investing-gambling-value-creation/) [News Regulation 2 hours ago SEC’s Atkins Launches “Make IPOs Great Again” With 2 New Rules](https://beincrypto.com/sec-atkins-ipo-rule-overhaul-2026/) [News Markets 4 hours ago CryptoQuant CEO Says 99.9% of Altcoins Are Dead: Which Will Survive?](https://beincrypto.com/cryptoquant-ceo-altcoins-survive-2026/) The daily Start your day with the most important crypto news and market analysis. Subscribe Crypto Insight Analysis: Direction: Neutral Impact: No Impact Horizon: Short-term (1-3 days) Reasoning: Opinion piece lacks direct market impact