You have to give the entrepreneurs in the world of cryptocurrencies credit. After the bursting of the Bitcoin bubble and increased regulatory push back, they’ve developed a new way to raise millions from investors and enthusiasts still dreaming of digital gold.
Coinbase Inc., one of the world’s largest cryptocurrency exchanges, is letting go of staff after the backlash it faced for purchasing a company allegedly linked to the sale of spyware to oppressive regimes.
Former Goldman Sachs executive Richard Kim has been recruited by early cryptocurrency investor Mike Novogratz according to reports by Bloomberg.
The move is the latest in a string of ex-Wall Street executives changing direction to work for cyrptocurrency investment firms.
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