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Chief Strategy Officer of Bitfinex and Tether Is Departing

  • Bitfinex and Tether have faced questions over past year
  • Potter made decision as Bitfinex steps away from the U.S.
Phil Potter
Phil PotterPhotographer: Christopher Goodney/Bloomberg

The chief strategy officer of cryptocurrency exchange Bitfinex is leaving the company.

“As Bitfinex pivots away from the U.S., I felt that, as a U.S. person, it was time for me to rethink my position as a member of the executive team,” Phil Potter said in an emailed statement. He’s also stepping down from the same role at Bitfinex affiliate Tether Ltd., which issues a digital token.