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‘Crypto Dad’ Giancarlo to Quit BlockFi’s Board After 4 Months

The departure comes as BlockFi faces mounting legal pressure over its flagship interest-bearing crypto accounts.

J. Christopher Giancarlo, chairman of the Commodity Futures Trading Commission (CFTC), speaks during an interview at the Securities Industry And Financial Markets Association (SIFMA) annual meting in Washington, D.C., U.S., on Tuesday, Oct. 24, 2017. SIFMA represents the U.S. securities industry including broker-dealers, banks and asset managers with nearly one million employees providing access to the capital markets. Photographer: Andrew Harrer/Bloomberg
J. Christopher Giancarlo, chairman of the Commodity Futures Trading Commission (CFTC), speaks during an interview at the Securities Industry And Financial Markets Association (SIFMA) annual meting in Washington, D.C., U.S., on Tuesday, Oct. 24, 2017. SIFMA represents the U.S. securities industry including broker-dealers, banks and asset managers with nearly one million employees providing access to the capital markets. Photographer: Andrew Harrer/Bloomberg