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crypto

DCG CFO Steps Down, Q1 Revenue Drops

By
Aidan Ryan
· · Source: The Information

Barry Silbert’s Digital Currency Group said in a shareholder letter that its chief financial officer, Michael Kraines, has stepped down. DCG President Mark Murphy and Chief Strategy Officer Simon Koster are filling the role while the company looks for a permanent replacement. DCG generated $180 million in revenue for the first quarter of 2023, down 46% from the same period last year. Still,...

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