This article comes fromThe Block, original author: Kristin Majcher
Odaily Translator | Nian Yin Si Tang
Summary:
This article comes from
, original author: Kristin Majcher
Odaily Translator | Nian Yin Si Tang
secondary title
- As the bear market continues, the turnover of top executives in the cryptocurrency industry continues from September to October.MicroStrategy CEO Michael Saylor、Genesis CEO Michael Moroand- Departures include executives from Celsius Network, Voyager Digital, Kraken, Galaxy Digital, FTX, OpenSea, and more.。
September and October saw a series of noteworthy industry executive changes as companies continued to grapple with the crypto bear market.
Two of the most high-profile departures involved executives at Celsius Network and Voyager Digital, which continue to pick up the pieces after declaring bankruptcy in July. The departure announcement of the CEO and founder of cryptocurrency exchange Kraken also surprised the market.
These departures follow a string of cryptocurrency executive departures in August, includingandAlameda Research Co-CEO Sam Trabucco
Here are some notable departures reported in the last month:
September 21: Kraken’s Jesse Powell resigns as CEOThe Block reported on Sept. 21 that Kraken CEO Jesse Powell willleave
The crypto exchange he co-founded in 2011. Former chief operating officer David Ripley will take over the role in the coming months. In an interview with Fortune, Powell said he wanted to spend more time doing the things he loves, like product development and industry advocacy work.
As reported by Axios, Robert Bogucki, co-head of deals at Galaxy Digital, willAnnounceleavecompany, and joined hedge fund giant Alan Howard's Brevan Howard's encryption division BH Digital. Bogucki's departure follows news in late August that the firm's co-head of investments, Michael Jordan, and other Galaxy Digital and Genesis executives were launching a new fund called DBA Crypto.。
September 23: Voyager CFO Ashwin Prithipaul resigns
Bankrupt crypto lender Voyager on September 23AnnounceFTX US wins auction of its assets with about $1.4 billion in bidsto reportSeptember 27: Celsius CEO Alex Mashinsky resigns
On September 27, Alex Mashinsky, former CEO of bankrupt crypto lender Celsius Network,
. The price of Celsius’ native token, CEL, dropped sharply following the news. Celsius' creditors' committee said it had asked for Mashinsky's removal following an investigation. According to the Financial Timesresignto report
, Mashinsky withdrew $10 million before Celsius declared bankruptcy on June 12 and froze withdrawals.
September 27: Brett Harrison, president of FTX US, joins as advisor
On September 27, Brett Harrison, former president of FTX US, tweeted that he wouldresign, and act as a consultant. He assumed the role of president in May 2021 and helped the company grow into new areas such as stocks and NFTs.
Harrison previously worked at Jane Street, where he worked with FTX founder Sam Bankman-Fried (SBF), and high-speed trading firm Citadel Securities, where he led a team of more than 100 engineers.
September 28: Genesis co-head of sales and trading Matt Ballensweig resigns
Matt Ballensweig, Co-Head of Sales and Trading, Genesis Trading, on September 28Resign“In 2017, we built a company of 8 people in a small office in New York, and it is now a sell-side deal juggernaut, doing billions of dollars in multiple countries.” Ballensweig on Twitter wrote.resign。
October 3: Coatue's Matt Mazzeo leaves the company
On October 3, Matt Mazzeo, general partner at Coatue Management, a technology-focused investment management firm,
acquired the company and launched a new investment fund focused on early-stage startups. The Information reported the news. A few days later, the outlet said that two other general partners, Luca Schmid and Sebastian Duesterhoeft, joined in August and September, respectively.Announceresign
Coatue has invested in cryptocurrency companies including OpenSea and cryptocurrency market maker Portofino Technologies, and participated in Dapper Labs' $725 million ecosystem fundraising.
October 3: NYDIG CEO Robert Gutmann and President Yan Zhao leaveOn October 3, NYDIG, a Bitcoin investment institutionAnnouncePromote Tejas Shah and Nate Conrad to CEO and President, respectively. Meanwhile, former CEO Robert Gutmann and President Yan Zhao have stepped down and will continue with NYDIG's parent company, Stone Ridge Holdings Group. Gutmann will remain on NYDIG's Board of Directors.。
October 4: Celsius Network co-founder Daniel Leon leaves
According to Bloomberg, Daniel Leon, the co-founder of bankrupt crypto lender Celsius Network, died during the week of October 4.Resign. The company confirmed the news. Celsius CEO Alex Mashinsky also resigned from the company at the end of September.
Resign
October 6: Aya Kantorovich, Head of Agency Coverage at FalconX, announces her departureEarlier this week, Aya Kantorovich, Head of Agency Coverage at FalconX, announced on LinkedIn that she willleave
The company. She has been with the crypto financial services company since 2019. She previously worked at Pantera, an investment firm focused on cryptocurrencies.
Bitcoin mining company Greenidge Generation conductedwroteExecutive restructuring
, CEO Jeffrey Kirt resigned. As of now, he has been replaced by two executives from forest products company Millar Western, David Anderson and Scott MacKenzie.
