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Coinbase executive departs as exchange restructures product te | .

Coinbase executive departs as exchange restructures product team

Coinbase
’s chief product officer departed as the exchange restructured its product team. Surojit Chatterjee stepped down on Oct. 28 as part of a reorganization that will split Coinbase’s product talent into four divisions, according to a filing with the Securities and Exchange Commission.

Chatterjee’s departure is the latest among a spate of exits in the crypto industry, including those from Celsius Network and Voyager Digital, which continue to pick up the pieces after declaring bankruptcy in July. The CEO and founder of crypto exchange Kraken, as well as the CEOs of MicroStrategy, Genesis and Alameda Research, also left their posts in recent months as crypto prices have cratered.

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