Coinbase Loses Head of Exchange as SEC Scrutiny and Crypto Turmoil Continue

Vishal Gupta, Head of Exchange at Coinbase, a prominent cryptocurrency exchange based in the United States, has decided to leave the company, according to reports. Gupta had been with Coinbase for over two and a half years and had previously worked at traditional finance giant Goldman Sachs before transitioning to the crypto industry.

Bloomberg reported on Monday that Gupta is leaving to work on a new project. His departure comes at a challenging time for both Coinbase and the cryptocurrency industry as a whole. The industry is facing a wave of bankruptcies and bank collapses, while Coinbase is currently under scrutiny from the Securities and Exchange Commission.

Gupta is not the only high-profile executive to leave Coinbase in recent times. Earlier this year, the company’s Chief Product Officer Surojit Chatterjee also announced his departure, which took effect in 2022. These departures could raise questions about the future direction of Coinbase and its ability to navigate a rapidly changing and often volatile market.

Related Posts

Leave a Reply

Newsletter

Subscribe To Newsletter

For updates and exclusive offers, enter your e-mail below.

Popular Posts

Winklevoss Twins Inject $4.5 Million Bitcoin Investment into Real Bedford Football Club
April 13, 2024By
Hong Kong Poised to Approve Ethereum and Bitcoin ETFs, Marking Milestone Ahead of Halving
April 13, 2024By
NAICOM & FintechNGR Inaugurates Insurance Policy Project as FintechNGR & Galaxy Backbone Set up Nigerian Domestic Cloud Initiatives
April 10, 2024By

Advertisement

Video Posts

Crypto Stats


CryptoCurrencyUSDChange 1hChange 24hChange 7d
Bitcoin63,444 0.22 % 5.26 % 8.46 %
? --- 0.00 % 0.00 %
? --- 0.00 % 0.00 %
? --- 0.00 % 0.00 %
? --- 0.00 % 0.00 %
? --- 0.00 % 0.00 %
? --- 0.00 % 0.00 %
? --- 0.00 % 0.00 %
? --- 0.00 % 0.00 %
? --- 0.00 % 0.00 %