Coinbase President Latest to Leave Company

Coinbase President Latest to Leave Company

There has been a changing of the guard at leading cryptocurrency exchange platform, Coinbase after it was announced their current President and Chief Operating Officer, Asiff Hirji, will be departing his tenor at the company.

Hirij joined the company 18 months ago in December 2017, right in the midst of the bitcoin bull rush. As such, he has been at the reigns throughout the crypto winter, as well as during the evolution of Coinbase and the growth of the company.

Points that were highlighted by Brian Armstrong, co-founder and CEO of Coinbase, who expressed the company were “incredibly grateful for Asiff’s contributions” during his time with the company. Stating, “His experience and mentorship helped guide Coinbase through an important chapter in its history. He joined at a critical time when both the company and crypto space were going through rapid growth, bringing his extensive experience to bear when it was most necessary.”

The Latest in a Line of Leavers

The reason for his departure was not shared in the statement, but he joins three high ranking employees who have left the company in pursuit of other ventures, with Hirji becoming the 10th to leave the company since October. Head of OTC, Tim Plakas, left to join the cryptocurrency bank, Galaxy Digital, Cheif technology office, as did their vice president international business, Dan Romero in April, who had been with the firm for 4 years.

Two compliance officers also left to join Facebook, rumoured to be in order to help with their Project Libra, stablecoin project. Their chief technology officer, Balaji Srinivasan, also left the firm at the beginning of May. There are also rumours circulating that their current vice president of operations and technology, Tina Bhatnagar will also leave the company soon.

His role will be taken up by their current vice president of business, data and international, Emilie Choi, formerly of Yahoo inc. She was involved in a $300 million Series E funding round for Coinbase last October, which edged the company’s value to $8 billion.

Why the company is the haemorrhaging staff isn’t clear. However, it doesn’t seem to be affecting their progress, on Thursday, they launched EOS on their platform as a trading pair in the latest addition to their service.

Ready to join our tribe?

We respect your email privacy

Subscribe now to recieve exclusive updates and offers!

Recently Similar News

Latest Guides

Latest News

ChangeNOW,Decentralised,Fraud

ChangeNOW’s AML Action Lead To The Return Of $15M COMP

Earlier this week, ChangeNOW announced that it was able to identify and return 45,505 COMP back to Compound. The estimated value of this recovery is around the $15m mark. This remarkable achievement is further proof of the effectiveness of the exchange’s Anti-Money Laundering (AML) procedures. In an announcement made on ChangeNOW’s website, the company provided […]

6 October, 2021
CFD Trading Platform,eToro,Trading

eToro Lowers The FTD Minimum Across Several Countries

eToro, the social trading and multi-asset platform, has decided to lower the minimum first time deposit, or FTD. Until further updates, users who sign up today using the link below will be able to fund their trading account with as little as $50. This offer is only valid to users in selected countries. To participate […]

24 September, 2021
ChangeNOW,Cryptocurrency,Investment

ChangeNOW Launches The NOW Tracker App

The young, but fast-growing online cryptocurrency exchange, ChangeNOW, has just announced the release of its latest product. The NOW Tracker is a free asset management app that lets users keep track of their coins and tokens across different wallets. Available on Google Play and the App Store, NOW Tracker is flexible and functional. This solution […]

9 September, 2021
eToro,Investment,Trading

eToro Becomes An Official Partner Of RB Leipzig

The world’s leading social investment network, eToro, has recently announced a new and exciting partnership. According to an announcement on eToro’s Twitter page, the company has become the latest partner of the German football team, RB Leipzig. A two-year partnership agreement has been signed between the parties. Running until 2023, this agreement can be extended […]

24 August, 2021
Binance,Bitcoin,token

PSG’s Messi To Receive Part Of His Salary In Cryptocurrency

The Argentinian footballer, Lionel Messi, has made headline news several times in the past few weeks. Following his surprise departure from FC Barcelona, the player confirmed that he will be joining Paris Saint-Germain FC. The move was significantly newsworthy but got even more interest when it was announced that part of the footballer’s salary will […]

23 August, 2021
Blockchain,Casino,Ethereum

KingTiger Casino Announces Shut Down

KingTiger Casino has announced that it has ceased all operations until further notice. According to its website, the casino has had to “temporarily close” due to Ethereum network congestion. It is not yet clear if and when this online Bitcoin casino will reopen. Meanwhile, we invite you to check out other Bitcoin casinos from our […]

12 August, 2021
Binance,Casino,Cryptocurrency

CryptoCasino Announces Temporary Close

CryptoCasino has stopped operating until further notice. According to a landing page on their website, the casino is undergoing an update. There is no information about when the casino will reopen or the reason why an update required the website to shut down temporarily. Players who hold a crypto wallet account with CryptoCasino need not […]

11 August, 2021
Binance,Bitcoin,SEPA

Binance Suspends SEPA Inward Payments Until Further Notice

Binance Suspends SEPA Inward Payments Until Further Notice Binance has just announced that it has temporarily stopped all incoming SEPA payments. As a result, users will no longer be able to deposit euros using the primary European payments network. The world’s largest cryptocurrency exchange did not provide any specific information regarding the reason behind this […]

12 July, 2021