Coinbase's chief compliance officer Jeff Horowitz is set to exit the cryptocurrency exchange, according to several people familiar with the personnel move.
Horowitz, whose career in financial services compliance spanned firms like Lehman Brothers and Citigroup, joined Coinbase in 2018. As the firm's first CCO, he played a role in shaping Coinbase's anti-money laundering policies as well as its compliance with recommendations from the Financial Action Task Force (FATF). He also played "a big part" in onboarding JPMorgan as a banking partner for the cryptocurrency exchange, according to a source.
Notably, Horowitz's departure appears to be unrelated to Coinbase CEO Brian Armstrong's controversial blog post last week, which resulted in about 5% of employees exiting the exchange, …