Matthew Ballensweig, managing director, Genesis, a cryptocurrency broker, made the announcement through Linkedln about leaving his post after more than five years of tenure. Ballensweig is also the co-head of trading and lending at Genesis, as reported by Cointelegraph.
According to Cointelegraph, Ballensweig is expected to remain at the firm as an advisor, and said he will be allotting time to travel and enjoy the holidays with friends and family. Ballensweig also highlighted that he will be transitioning his responsibilities to his colleagues, who are expected to take on his duties. Previously, Michael Moro, CEO, Genesis, resigned from his position during the company’s transition period. Reportedly, Genesis’ business took an effect due to the implications of the overall cryptocurrency winter. In July, Moro made the confirmation that Genesis received investment exposure in the…