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Former CFO indicted for diverting $35M to cryptocurrency venture
18.5.2023
In the event of a conviction for wire fraud, Nevin Shetty could face up to 20 years in prison
Montenegro Court Agrees To Release Terraform’s Kwon and CFO on Bail
12.5.2023
A court in Montenegro accepted bail to release Terraform Labs co-founder Do Kwon and former chief financial officer Han Chang-joon from jail on Friday after allegedly using false documents.
The Basic Court Podgorica said the two would not be allowed to leave their homes in accepting the 400,000...
Digital Currency Group's Q1 2023 Revenue Jumps, CFO Michael Kraines Resigns – Here's the Latest
3.5.2023
Barry Silbert’s crypto conglomerate Digital Currency Group (DCG) saw its revenue rise 63% in the first quarter compared to the prior quarter, but it was still down on a year-over-year basis.
For the first quarter this year, DCG’s revenue totaled $180 million, up a respectable 63% from the prior...
Digital Currency Group CFO Michael Kraines Stepped Down in April
2.5.2023
The crypto conglomerate also paid off a $350 million senior secured term loan, which was issued by a lender syndicate led by Eldridge
Ex-CFO that stole $5M to trade crypto and ‘meme stocks' gets 3 years prison
28.4.2023
Cooper Morgenthau embezzled $5 million from three different companies and lost almost all of it trading cryptocurrencies and "meme stocks."
Terraform Labs Co-founder Do Kwon and CFO Charged with Forgery by Montenegro Prosecutors
21.4.2023
Terra founder Do Kwon and Terraform Labs’ chief financial officer Han Chang-joon are both accused of forgery by prosecutors in Montenegro.
The two men are still in custody by Montenegro’s police after being arrested in the country in March, and prosecutors are now seeking to extend their...
Bitcoin Miner Marathon Digital's CFO to Retire After One Year
1.4.2023
Hugh Gallagher intends to retire effective May 12
Federal Investigators Probe Silicon Valley Bank Collapse; SVB and Top Execs Sued by Shareholders
14.3.2023
The parent company of Silicon Valley Bank, SVB Financial Group, and two senior executives have been sued by shareholders after SVB’s collapse last Friday. The proposed class action accuses SVB of hiding the fact that interest rate hikes would leave the bank in jeopardy. Additionally...
Layer 1 Blockchain Protocol Algorand Hires Its First CFO
1.3.2023
The new CFO, Matthew Commons, had several years of crypto and TradFi experiences
Bitcoin Miner Argo Blockchain's CFO Alex Appleton Quits
1.2.2023
Alex Appleton, who has served in this role since September 2020, is departing to "pursue other opportunities."
Crypto Miner Hut 8 Hires Former IBM Executive as CFO
13.12.2022
Canadian bitcoin mining firm Hut 8 (HUT) has hired Shenif Visram as its new chief financial officer (CFO), replacing Shane Downey who leaves the company following a 20-month tenure
Circle Starts Moving USDC Reserves Into a Blackrock-Managed Fund, Firm Expects to Be ‘Fully Transitioned’ Next Year
6.11.2022
According to the crypto firm Circle Internet Financial, the company is “deepening” its partnership with the world’s largest asset manager Blackrock. Circle disclosed that it has started to transfer USDC reserves into a Blackrock-managed fund that’s registered with the U.S. Securities and Exchange...
Coinbase transaction revenues plummet 44% as users activity declines in Q3
4.11.2022
While poor market conditions have resulted in revenues falling for the crypto exchange in Q3, its effort to reduce expenses has led to some streamlining
Elon Musk Takes Control of Twitter, Fires CEO and CFO — Says He Buys Twitter ‘to Help Humanity’
29.10.2022
Tesla and Spacex CEO Elon Musk has completed the acquisition of Twitter Inc. and reportedly fired the company’s CEO and CFO. “The reason I acquired Twitter is because it is important to the future of civilization to have a common digital town square,” he said. “There...
Bankrupt Crypto Lender Voyager Plans to Settle CEO, CFO Negligence Claims Related to Three Arrows Loans
18.10.2022
An internal probe found that risky loans made to 3AC were based on minimal financial disclosures from the hedge fund
OpenSea CFO steps down after 11 months in the job
10.10.2022
The now-former CFO did not give a specific reason for his resignation but noted he will remain in an advisory capacity with OpenSea
CFO of Insolvent Crypto Lender Voyager Resigns
23.9.2022
Ashwin Prithipaul joined Voyager as its chief financial officer in May of this year
Animoca Brands Appoints Ex-Gemini Finance Chief Jared Shaw as CFO
22.9.2022
Prominent NFT and metaverse investors Animoca Brands has appointed Jared Shaw as its new chief finance officer (CFO), according to a press release
Chiliz, Owner of Blockchain Sports-Fan Platform Socios, Names Julian La Picque as CFO
15.9.2022
La Picque joins from blockchain platform Covantis. He previously founded Swiss blockchain consulting firm Uncrypted
Pantera Capital Loses Another Senior Exec as Crypto Hedge Fund’s CFO Departs: Source
13.9.2022
Ryan Davis is leaving and Matt Gorham, a long-time Pantera employee, will temporarily fill the job as senior-executive exodus continues