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After a period of tumult that is still shaking crypto companies to the core, a wave of management turnover is now sweeping across the industry.
More than two dozen high-ranking executives have stepped aside from key posts in the past two months alone. Clockwise from top left: Alex Mashinsky, Sam Trabucco, Michael Moro, Michael Saylor, Jesse Powell and Aya Kantorovich.
Photo Illustration: 731; Getty (7)
Michael P. Regan,
Hannah Miller, and
Vildana Hajric
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The convulsions that set the cryptocurrency market tumbling earlier this year and delivered shock waves through the industry have subsided. Now comes the shakeup in the C-suite.
More than two dozen high-ranking executives — from Alex Mashinsky, the charismatic and controversial co-founder of now-bankrupt crypto lender Celsius Network to Brett Harrison of digital-asset exchange FTX US and Jesse Powell, the outspoken head of FTX’s rival Kraken — have vacated their posts in the past two months alone.
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