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HomeNewsChainalysis CEO Michael Gronager is stepping down in a transfer described as...

Chainalysis CEO Michael Gronager is stepping down in a transfer described as non permanent

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Michael Gronager, co-founder and CEO of Chainalysis, has taken a private depart from the corporate. The blockchain evaluation group doesn't say why, however says the event is non permanent.

Chainalysis president and COO Sari Granat, who joined the group in 2022, is serving as interim CEO, in response to The Block, which first reported the information.

Ten-year-old New York-based Chainalysis has shortly constructed a status as a “crypto detective” working for the US authorities and company clientele. A yr in the past, Chainalysis laid off just a little greater than 15% of its 900 staff and plans to focus extra on authorities contracts, in response to The Block.

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The corporate, whose early buyers embrace Benchmark, was valued by buyers at $8.6 billion throughout its sixth funding spherical in 2022. Crypto investor Katie Haun, who first found Chainalysis in her position as a federal prosecutor, reportedly started shopping for secondary shares of the corporate final yr in worth of two.5 billion {dollars} in April.

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