Digital Currency Group CFO Michael Kraines Stepped Down in April

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Digital Currency Group CFO Michael Kraines Stepped Down in April
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.DCGco said Chief Financial Officer Michael Kraines stepped down in April, two years after his appointment in the role. DCG also fully paid off a $350 million senior secured term loan. Aoyon_A reports

The crypto conglomerate has engaged Heidrick & Struggles for a new CFO search, according to a first-quarter shareholders letter seen by CoinDesk.

DCG President Mark Murphy and Chief Strategy Officer Simon Koster will be co-leading the finance department in the meantime, the letter said., citing plunging crypto prices and the restructuring of its lending platform, Genesis.

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