Coinbase VP of Business Leaves Over New Mission Statement

Publié le by Coindesk | Publié le

Oct 9, 2020 at 15:13 UTCUpdated Oct 9, 2020 at 15:29 UTC.The vice president of business and data at Coinbase is leaving the company over its new "Apolitical" mission.

Dan Yoo explained in a LinkedIn post that his departure was because of the Oct. 7 deadline to express interest in a severance package for employees not comfortable with CEO Brian Armstrong's recent blog post.

Yoo said he would stay at the company through the end of the year, if necessary, to help manage his transition out of the company.

On Thursday morning California time, Armstrong sent a memo to employees telling them 60 employees - or 5% of the company's workforce - had taken the severance package.

A Coinbase spokesperson did not immediately return a request for comment.

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