Summary
Zac Prince, former CEO of BlockFi, is leaving the crypto industry to become the CEO of RE Cost Seg, a real estate firm. Other executives affected by FTX’s collapse have also made career moves. Anchorage Digital named TuongVy Le as their general counsel. Other notable hiring news includes departures from Point72 and GSR, as well as layoffs at NFT startup Sorare.
Key Points
1. Zac Prince returned to announce he would be leaving the crypto industry to take over as CEO of RE Cost Seg, a real estate-focused firm.
2. Other executives affected by FTX’s downfall have not left the industry, with examples such as Brett Harrison launching a new derivatives brokerage and a former FTX employee-led startup creating a popular wallet for Solana users.
3. TuongVy Le, a former SEC veteran, has been named general counsel at Anchorage Digital, bringing experience from regulatory and legal roles at Bain Capital Crypto and Worldcoin.