Another crypto CEO steps down as Genesis Trading restructures leadership
Ignite CEO Peng Zhong, MicroStrategy CEO Michael Saylor, and now Genesis Trading CEO Michael Moro — top executives have departed crypto firms or stepped into advisory positions. Michael Moro, CEO of Digital Currency Group’s market maker and lending subsidiary Genesis Trading, has become the latest executive to step down from a leadership role at a crypto company amid the market downturn.In a Wednesday announcement, Genesis said Moro will leave his position as the company’s CEO, a role in which he worked since April 2016. According to Moro, he will support Genesis’ “next phase of growth” in....
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