Cryptocurrency News
Another crypto CEO steps down as Genesis Trading restructures leadership
2022.08.18 16:57
Another crypto CEO steps down as Genesis Trading restructures leadership
Michael Moro, CEO of Digital Currency Group’s market maker and lending subsidiary Genesis Trading, has become the latest executive to step down from a leadership role at a crypto company amid the market downturn.
In a Wednesday announcement, Genesis said Moro will leave his position as the company’s CEO, a role in which he worked since April 2016. According to Moro, he will support Genesis’ “next phase of growth” in an advisory role as the firm transitions to new leadership.