It had been a yr and a half since Zac Prince’s final X publish, a retweet asserting that lending platform BlockFi would pause operations amid the fallout from FTX’s collapse.
Then, this previous Monday, Prince returned to say he’d be leaving crypto altogether.
Prince is taking up as CEO of RE Value Seg, a agency that provides doubtlessly tax-saving price segregation research to actual property buyers. It’s the primary time Prince has labored in an actual estate-focused agency, as he labored in lending within the years earlier than he based BlockFi, in response to his LinkedIn.
Learn extra: FTX, BlockFi rating tentative settlement settlement
Generally, executives skewered by FTX’s fall haven’t flooded for the exits. Brett Harrison, the onetime president of FTX.US, launched a new derivatives brokerage named Architect. And Blockworks beforehand reported on Backpack, a former FTX employee-led startup that’s created a preferred pockets for Solana customers.
Learn extra: Funding Wrap: Startup co-founded by former FTX staff land $17M
Prince, whose agency entered chapter as a consequence of FTX publicity, testified at Sam Bankman-Fried’s trial in November. Prosecutors questioned Prince on his determination to lend funds to Alameda Analysis, FTX’s sister agency.
Learn extra: US prosecutors search a long time in jail for Sam Bankman-Fried
Anchorage Digital makes SEC vet its common counsel
The crypto platform Anchorage Digital named TuongVy Le its common counsel.
Le most just lately labored in regulatory and authorized roles at Bain Capital Crypto and Worldcoin. She was additionally a accomplice at Bain Capital Crypto. Earlier than that, Le spent years on the Securities and Trade Fee the place she dealt with a number of the company’s earliest crypto investigations, in response to an Anchorage Digital weblog publish.
“We’re making a giant wager on the long run, however progress at all times prevails. Onward!” Le wrote to cap off an X thread asserting the brand new position.
Different notable hiring information
- The top of digital belongings at Steve Cohen’s Point72 left the hedge fund, Bloomberg reported.
- Former GSR researcher Matt Kunke left the agency to grow to be BlackRock’s digital asset ETFs product strategist.
- NFT fantasy sports activities startup Sorare laid off 22 staff from its New York workplace in February, TechCrunch reported.
Don’t miss the subsequent massive story – be part of our free day by day e-newsletter.
