Crypto VC Firm Pantera Loses Co-CIO Joey Krug- Check out the story here

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Crypto-focused venture capital and investment giant Pantera Capital has reorganized its leadership with the departure of co-Chief Investment Officer Joey Krug

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Krug joined Pantera in 2017 to help manage the Liquid Token Fund.

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On a recent investor call, he revealed that the fund had lost 80% during 2022, taking a 23% hit in November alone in the aftermath of collapsed crypto exchange FTX. 

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The committee, which will have management oversight over the firm, includes Morehead, longtime partner Paul Veradittakit and Jasper Lewitton, who joined Pantera last summer as president.

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Morehead also used the letter to announce two new hires: Katrina Paglia as general counsel and chief compliance officer and Marc Selfon as chief financial officer.

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Paglia joined from Coinbase, where she worked as associate general counsel in support of digital asset and exchange products.

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Selfon, who will join Pantera in April, spent over 13 years at private equity giant Apollo Global Management as a managing director in the credit and private equity divisions.

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