Total News – Atlanta, GA 10/5/2018. Adam White, leader of Coinbase's institutional platform group, is leaving the company.
A company spokesman told Bloomberg in an email, "While we're extremely sad to see him go, we're also confident in that group's ability to keep executing on the vision that he laid out to be the most trusted venue for institutional investors to trade cryptocurrencies."
White has been with Coinbase since 2013 and was Coinbase's fifth-ever employee. Bloomberg noted that White joined the company "when the founders were still working out of a one-bedroom apartment and Bitcoin was trading around $200. "
CEO and co-founder Brian Armstrong gave his comment, saying:
"Over the past five years, Adam helped us build our exchange business into the largest U.S.-based crypto-trading venue, and was integral to growing Coinbase's global presence and scaling our culture to multiple offices.
CRYPTO CURRENCY TRADING AND INVESTING IS EXTREMELY RISKY AND ONLY SHOULD BE DONE WITH FUNDS YOU CAN AFFORD TO LOSE. IF YOU ARE NOT COMFORTABLE WITH LOSING 100% OF YOUR DEPOSIT CONSIDER GETTING A BLOCKCHAIN JOB INSTEAD. PAST PERFORMANCE DOES NOT IMPLY FUTURE RESULTS. CRYPTO IS NOT SUITABLE FOR ALL INVESTORS. PLEASE CONSULT YOUR FINANCIAL ADVISOR IF YOU ARE CONCERNED ABOUT THE HIGH RISKS ASSOCIATED WITH CRYPTO CURRENCY. CRYPTO CURRENCY IS UNREGULATED AND THEREFORE ANY PROTECTIONS OFFERED BY REGULATIONS ARE NON-EXISTANT. THEREFORE DO NOT BE SURPRISED IF BITCOIN (OR ANY CRYPTO CURRENCY) GOES TO ZERO IT IS UNLIKELY BUT POSSIBLE. THIS BRIEF RISK DISCLOSURE SUMMARY CANNOT INCLUDE ALL THE POSSIBLE RISKS ASSOCIATED WITH CRYPTO CURRENCY INVESTMENT, BUT IN SUMMARY – IT IS POSSIBLE TO LOSE 100% OF YOUR INVESTMENT DUE TO A HACK, MARKET DECLINE, OR OTHER CIRCUMSTANCE. FOR A FULL RISK DISCLOSURE CLICK HERE: Risk Disclosure
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