Another Crypto Exec goes: The CFO from Argo Blockchain resigns

Einer der führenden Bitcoin-Miner – Argo Blockchain – gab bekannt, dass sein CFO und Executive Director Alex Appleton von seiner Position zurückgetreten ist. Mehrere andere Krypto- (oder verwandte) Führungskräfte haben ihre Posten während der anhaltenden Baisse aufgegeben. Solche Beispiele sind Sam Bankman-Fried von FTX, Alex Mashinsky von Celsius Network, Jesse Powell von Kraken, Michael Saylor von MicroStrategy und viele andere. Das Neueste auf der Liste Alex Appleton, der zweieinhalb Jahre bei Argo Blockchain verbracht hat, wird nicht länger als CFO des Unternehmens fungieren. Laut einem Post auf Twitter wird er sich auf andere Möglichkeiten als den Krypto-Mining-Sektor konzentrieren. Argo gab …
One of the leading Bitcoin miner-Argo Blockchain-announced that his CFO and executive director Alex Appleton resigned from his position. Several other crypto (or relatives) managers have given up their posts during the ongoing Baisse. Such examples are Sam Bankman-Fried von FTX, Alex Mashinsky by Celsius Network, Jesse Powell von Kraken, Michael Saylor by Microstrategy and many others. The latest on the Alex Appleton list, who spent two and a half years at Argo Blockchain, will no longer act as the company's CFO. According to a post on Twitter, he will concentrate on options other than the crypto mining sector. Argo gave ... (Symbolbild/KNAT)

Another Crypto Exec goes: The CFO from Argo Blockchain resigns

One of the leading Bitcoin-Miner-ARGO Blockchain-announced that his CFO and executive Director Alex Appleton resigned from his position.

Several other crypto (or related) managers have given up their posts during the ongoing baisse. Sam Bankman-Fried von FTX, Alex Mashinsky by Celsius Network, Jesse Powell von Kraken, Michael Saylor by Microstrategy and many others are such.

The latest on the list

Alex Appleton, who spent two and a half years at Argo Blockchain, will no longer act as the company's CFO. According to a post on Twitter, he will concentrate on options other than the crypto mining sector.

Argo announced today that Alex Appleton has resigned from his positions as CFO and Executive Director to devote themselves to other opportunities.

We thank him for his important contributions and wish him all the best for his future activities!

rns: https://t.co/oex1dmmcwl#arb $ arbk #btc

- argo (@argoblockchain) 1. February 2023

On his departure, Appleton said that he was proud of his services in the company. He added that the niche had "great potential" and wished his former colleagues "all the best" for the future.

His departure takes place shortly after Argo Blockchain Preserver-Spaces = "True"> agree Preserver-Spaces = "True"> for 65 million US dollar to sell from Mike Novogram To reduce total debt.

The crypto winter and a heavy storm that moved through Texas around Christmas paralyzed the company Stark. It dismantled only 147 BTC in December, around 25 % less than the production volume registered in November. Argo kept 141 BTC at the end of 2022, which corresponds to around $ 3.2 million (calculated at today's prices).

Who still terminated?

The list of managers connected to the crypto industry who have resigned from their posts is widespread, and here are some of the most famous people.

The farewell frenzy began with Jack Dorsey-the former CEO of Twitter and an enthusiastic advocate of Bitcoin-the resigned at the end of 2021.

The trend escalated during the Bärenmarkt 2022. The CEO of Compass Mining-Whit Gibbs-and CFO Jodie fisher Ced up followed in July.

August began with the resignation of the Bitcoin enthusiast Michael Saylor. He postponed from the CEO from microstrategy to the executive chairman.

Kraken founder Jesse Powell joined in September after he had served as CEO of the cryptocurrency exchange.

Michael Moro von Genesis Links A few days later, which does not relax the situation of the platform. It stored for insolvency protection according to chapter 11 at the end of January 2023.

celsius ’ alex mechanical bitmex alexander Höptner and Polkadots Gavin Holz also submitted their resignation.

The notorious crash of FTX triggered a new wave of outgoing managers in November last year. Caroline Ellison and Gary Wang, who lead Alameda Research, lost their jobs and later pleaded Data Preserver-Spaces = "True"> Figurally to help them, that they helped Sam Bankman-Fried, a fraudulent plan stage.

sbf also resigned as CEO from ftx, however, claimed that he should not be held responsible for the gigantic breakdown of his trading dated Investor losses in billions of bills caused.

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