Tim Plakas has left the major U.S. crypto exchange Coinbase to join the crypto bank founded by Michael Novogratz, Galaxy Digital

Tim Plakas has left the major United States crypto exchange Coinbase to join the cryptocurrency bank founded by Michael NovogratzGalaxy Digital, an anonymous source purportedly told The Block on May 28.

Plakas’ departure follows four senior executive departures from Coinbase in approximately the last seven months.

Plakas reportedly held the position of over-the-counter (OTC) trading head at Coinbase from July 2018 to January 2019, and will be joining the OTC team at Galaxy Digital.

Novogratz’s crypto bank is a member of Crypto OTC Roundtable Asia (CORA) Network, a non-profit collective of companies that want to improve the Crypto OTC sector.

Also read: Crypto asset management company BlockFi announced that its interest-bearing accounts now support the gemini dollar

Source: https://cointelegraph.com/news/galaxy-digital-purportedly-recruits-former-head-of-otc-at-coinbase