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The co-founders of Opyn, Zubin Koticha and Alexis Gauba, are stepping down from their roles in the decentralized finance protocol following regulatory action from the U.S. CFTC in September. Nana Murugesan, Coinbase's global expansion lead, has also departed. Director of Research Andrew Lwone will take over as Opyn's CEO. The departures come amid regulatory heat and a crackdown on the DeFi options protocol.
📣 Top stories of the day 📣 💼 Ex-#FTX Foundation employee pursues unpaid $275k bonus ⚖️ #Opyn co-founders exit following CFTC charges 🏛️ #US House Committee to probe crypto's role in illicit activities 🌐 #Coinbase's international expansion head to leave in 2024 🕵️♂️… https://t.co/0hDxUXKVCJ
Zubin Koticha and Alexis Gauba, co-founders of the Opyn decentralized finance protocol, are leaving their roles in the project and stepping away from the cryptocurrency sector. https://t.co/znb9WBiKrE
Opyn DeFi protocol’s founders exit the stage, passing the torch amid regulatory heat. https://t.co/znb9WBjihc
📣 Latest News: Opyn DeFi protocol founders are leaving crypto after CFTC crackdown #news #cryptonews #crypto
ICYMI: Opyn co-founders to step down citing recent CFTC action https://t.co/R26SSCL4z6
Zubin Koticha, CEO of decentralized options protocol Opyn, said he has resigned following regulatory action against Opyn. The two founders are leaving the crypto. Director of Research Andrew Lwone will take over as CEO. Opyn has received investment from Paradigm before.… https://t.co/nItrcLeMxR
The co-founders of Opyn stepped down as their DeFi options protocol faced charges from the U.S. CFTC in September https://t.co/fGRkfXhDHa
Opyn co-founders to step down citing recent CFTC action https://t.co/Y6EfU0NBNQ
Coinbase’s global expansion lead Nana Murugesan departs https://t.co/uuos2pCiA0