Another Crypto Exec Leaves: Argo Blockchain's CFO Resigns

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Alex Appleton is the latest cryptocurrency executive who stepped down from his position.

Upon departing, Appleton said he was proud of his achievements at the firm. He added that the niche has “great potential” and wished his former colleagues “all the best” for the future.to sell its Helios facility to Mike Novogratz’s Galaxy Digital for $65 million and thus reduce its overall debt.

The crypto winter and a severe storm that passed through Texas around Christmas severely crippled the firm’s operations. It only 147 BTC in December, around 25% less than the production levels registered in November. Argo held 141 BTC as of the end of 2022, equaling approximately $3.2 million .The list of executives related to the crypto industry who stepped down from their posts spreads far and wide, and here are some of the most famous individuals.

The departure spree started with Jack Dorsey – the former CEO of Twitter and a keen advocate of bitcoin – whoThe trend escalated during the 2022 bear market. The CEO of Compass Mining – Whit Gibbs – and CFO Jodie Fisher

 

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