Coinbase Head of Exchange leaves companies

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Vishal Gupta, Head of Exchange and Markets beim Krypto-Börsengiganten Coinbase, hat das Unternehmen verlassen. Der Abgang der Führungskraft erfolgt kurz nachdem Coinbase von der US Securities and Exchange Commission (SEC) eine Wells-Mitteilung erhalten hat. Ein weiterer Crypto Exec verlässt das Unternehmen In einem Tweet-Thread Am Montag (10. April 2023) gab Vishal Gupta bekannt, dass er Coinbase verlassen wird, nachdem er fast drei Jahre lang als Head of Exchange and Markets des Unternehmens gedient hatte, eine Position, die er im September 2020 antrat. Die Führungskraft beschrieb einige der Errungenschaften von Coinbase während seiner Zeit dort, darunter die Ausweitung der Vermögenswerte von …
The company has left Vishal Gupta, Head of Exchange and Markets at the crypto exchange giant coinbase. The leader is departed shortly after Coinbase received a Wells announcement from the US Securities and Exchange Commission (SEC). Another Crypto Exec is leaving the company in a tweet thread on Monday (April 10, 2023) Vishal Gupta announced that he would be left coin base after serving the company for almost three years as the company's Head of Exchange and markets, a position that he started in September 2020. The manager described some of the achievements of Coinbase during his time, including the expansion of the assets of ... (Symbolbild/KNAT)

Vishal Gupta, Head of Exchange and Markets at the crypto exchange giant coinbase, has left the company.

The leader of the manager has been given a Wells announcement shortly after Coinbase from the US Securities and Exchange Commission (Sec).

Another Crypto Exec leaves the company

in a Tweet-Thread On Monday (April 10, 2023), Vishal Guppa announced that he would be left coin base after serving the company for almost three years as Head of Exchange and Markets, a position that he started in September 2020.

The manager described some of the achievements of Coinbase during his time there, including the expansion of the assets from 27 to 236 and the takeover of the derivative platform Fairx, which was later renamed Coinbase derivative Exchange.

Before entering the stock exchange, Gupta was vice president and head of the options listed in the USA for eight years at the large investment bank Goldman Sachs, as stated in his LinkedIn profile. The former manager of Coinbase also led the introduction and growth of the USDC from Circle.

While a Bloomberg report, citing an anonymous source, found that the manager would leave the company to work on a new project, said Guppa that his next focus was on building without further information.

5/6 above all I am proud of the team that we created @coinbaseexch . It was an honor for me to work with the leadership team from Coinbase, and I wanted to express my deep appreciation for the leadership options @Brian_armstrong , @Gregtusar and others have provided me with

- Vishal K. Gupta (@Vishalkgupta) 10. April 2023

guptas departure is the youngest in the long list of managers who have either resigned from their positions or have left crypto companies, especially in the middle of the Baisse. Alex Appleton, CFO and Executive Director of the Bitcoin-Miner Argo Blockchain, resigned from his position in February 2023, while Bitmex CEO Alexander Höptner also resigned from his leadership role last October.

Coinbase fights with US supervisory authorities

Meanwhile, Coinbase is confronted with regulatory hurdles in the United States. In March 2023, the crypto exchange received a communication from Wells from the SEC, in which the supervisory authority found that the company may have violated securities laws.

While the stock exchange believed that the SEC targeted its staking service, the Spotmarkt, Coinbase Prime and Coinbase Wallet, the company said that it does not violate any law and was ready to take legal steps. There were also reports that the American crypto exchange giant wanted to set up a new platform that would serve global customers.

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