CIO Resigns From Anthony Pompliano’s $750 Million Bitcoin Company
Summary
Jeff Park has stepped down as Chief Investment Officer of ProCap Financial, a Bitcoin-focused company founded by Anthony Pompliano, after an eight-month tenure. According to an SEC filing, the resignation was voluntary and not due to internal disagreements. While Park remains bound by confidentiality and non-solicitation agreements, the company notably waived his non-compete clause. During his time at ProCap, Park helped the firm accumulate over 5,400 BTC and advocated for "Radical Portfolio Theory." The company has not yet named a successor, leaving investment strategy under the direct oversight of Pompliano for the time being.
(Source:BeInCrypto)