Coinbase’s Chief Policy Officer Is Leaving for a Major VC Firm

U.S.-based cryptocurrency exchange Coinbase is reportedly losing another senior executive.

According to a Bloomberg report Wednesday, its chief policy officer, Mike Lempres, is leaving the firm to take on a new role at venture capital firm Andreessen Horowitz.

“As chief legal and risk officer during a time of tremendous growth for Coinbase, Mike was instrumental in building the company’s legal and compliance functions and driving our vision of trust through compliance. We wish him the best in his new position with Andreessen Horowitz,” Coinbase was quoted as saying.

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