Five executives of CoinMarketCap, including interim CEO Carylyne Chan, are out.
Chan revealed the news to The Block on Monday, saying that she has left CoinMarketCap, along with four other executives. Those are Spencer Yang — vice president of operations, growth and revenue, Jeremy Seow — vice president of products, Matthew Lippl — global head of design and growth, and Jared Chin — project lead and head of events.
The mass exodus comes just four months after Binance acquired CoinMarketCap for about $400 million, as The Block first broke the story in April. When asked whether Binance played a role in the exits, Chan and Yang declined to comment. After the publication of this story, Chan told The Block that the five CoinMarketCap executives "resigned."
The Block has learned that Binance …