Only two months have passed since Shah started in the position, and one month has passed since Joe Cisewski, chief counsel of Pantera, left.
According to his LinkedIn profile, Samir Shah resigned from his position as a chief operating officer at Pantera Capital after only two months on the job.
Shah, who spent over 13 years working for investment bank JPMorgan, most recently in the position of head of asset management sales, only joined the company in July. According to its website, Pantera Capital is a venture capital and hedge firm with a concentration on cryptocurrencies that now manages over $4.7 billion in assets. Joe Cisewski, the fund’s general lawyer, just left the organization.
On July 26, Commissioner Christy Goldsmith Romero of the Commodity Futures Trading Commission (CFTC) announced that Cisewski will be joining the organization as chief of staff and senior counsel. In the past, Mark Wetjen, a former commissioner of the CFTC, assigned Cisewski to work there.
Prior to the TerraUSD stablecoin collapsing at the start of May, Pantera gained attention earlier in the summer when it cashed out over 80% of its investment in the Terra ecosystem. More recently, in July, the company and Kleiner Perkins jointly led a seed round in NFT fraud fighters Optic.
The Block’s request for a response was not immediately answered by Pantera Capital, and Shah did not respond when reached on LinkedIn.