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Saturday, April 19, 2025

Why Are So Many Crypto Execs Leaving? - CoinDesk

On Monday it was announced Gemini co-founder Cameron Winklevoss – twin of Tyler – is stepping back as a director of Gemini Europe. The news, announced in a U.K. regulatory filing, comes as the wholly owned Gemini subsidiary maps out its expansion into known tax haven Ireland.
This article is excerpted from The Node, CoinDesk's daily roundup of the most pivotal stories in blockchain and crypto news. You can subscribe to get the full newsletter here.
No formal reason was given for Winklevoss’ move, but it comes amid a wave of C-Suite shuffling across the digital asset industry. Growing regulatory challenges as well as a multi-month long market rout have led to a number of resignations.
Then there’s Celsius’ Alex Mashinsky and Daniel Leon, who served as the now-bankrupt crypto neobank’s chief executive and chief strategy officer, respectively. The crypto lender is going through a difficult Chapter 11 restructuring, and it seems likely that Mashinsky could face lawsuits.
The reasons for...



Read Full Story: https://www.coindesk.com/layer2/2022/10/17/why-are-so-many-crypto-execs-leaving/

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