Crypto Venture Capital Firm Paradigm CFO and General Counsel to Leave this Month – What's Going On?

cryptonews.com:

Chief Financial Officer (CFO) and General Counsel at crypto venture capital firm Paradigm are set the leave the company this month.

Nathan Apsel, CFO of Paradigm, and Reena Jashnani-Slusarz, the company's General Counsel, are expected to depart by mid-September, according to an internal email from the company. 

The email detailed that the departure of Apsel and Jashnani-Slusarz comes after over two years of service, during which time the firm saw substantial growth. 

Since then, Paradigm has doubled in size, launched its first venture fund, hosted its inaugural in-person LP Summit, and expanded its Legal and Finance teams. 

"I want to thank both of them for their tremendous contributions and helping us build Paradigm into what we are today," COO Alana Palmedo reportedly said in the email.

"Our Legal and Finance teams are fierce and powerful thanks to you!" 

While the firm did not offer any specific reason for their departure, sources familiar with the matter have claimed that the company will maintain its legal team under the leadership of Chief Legal Officer Katie Biber. 

Biber, who joined Paradigm more than a year ago, will continue to oversee the legal department.

Sources have also revealed that Paradigm will be announcing a new CFO in the following months. 

This could mean that the firm aims to continue its growth trajectory without reducing staff or making significant changes to its overall operations. 

Recent hires on the policy team, such as Alex Grieve, and the addition of Cookie Wiese as People Lead further reinforce the notion that Paradigm is maintaining its commitment to expansion and enhancement.

Last month, Paradigm challenged the US Securities and Exchange Commission's authority to regulate secondary markets for