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Crypto CEOs Are Quitting, But Do Kwon Can't Quit Twitter

As a rash of crypto executives step down, wanted Terra co-founder Do Kwon keeps tweeting from an undisclosed location.

As a rash of crypto executives step down, wanted Terra co-founder Do Kwon keeps tweeting from an undisclosed location.

Photographer: Woohae Cho/Bloomberg
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Welcome to Bloomberg Crypto, our twice-weekly look at Bitcoin, blockchain and more. In today’s edition, Michael P. Regan chronicles the latest in crypto management turnover and talks “custody”:

The “Great Resignation” from the C-suites of the crypto world continued apace this week, with Alex Mashinsky resigning as head of bankrupt lender Celsius Network and Brett Harrison announcing plans to step down as president of the FTX US exchange.

While rumors and speculation tend to run amok following sudden departures of top financial executives, there’s nothing (yet) to suggest Harrison’s departure is a sign of anything more dramatic than a management reshuffling.