Genesis Trading CEO Michael Moro Exits After Almost A Decade
Genesis Trading CEO Michael Moro Exits After Almost A Decade
Michael Moro, the CEO of Genesis Trading, is stepping down from his position as pressure mounts from exposure to Three Arrows Capital (3AC). A household name in institutional crypto lending and prime broking, the New York firm has also announced a 20% staff reduction starting on Aug. 17, 2022. This comes hot on the heels of an announcement by the company that it had lent $40 billion in the second…
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