PaxfullThe global peer-to-peer Bitcoin platform has announced the appointment of Roshan Daria as its new interim CEO, effective immediately. This comes after a short period of closure of the stock exchange before the departure of co-founder and former CEO Ray Youssef.
According to a press release sent to Bitcoin Magazine, Dharia will be responsible for enhancing operations and exploring strategic alternatives for the company. With years of experience in similar roles, Dharia expressed his excitement, saying, “It is such an honor to become the CEO of Paxful. Over the past eight years, Paxful has been a leader in creating real use cases for Bitcoin and helping millions of people in the process.”
Previously a senior executive at TrustToken (now Archblock), Daria led the DeFi institutional lending business. He also founded and built the investment platform PTHL Affiliates, which specializes in acquisitions and turnarounds of distressed private companies.
Paxful trustee Srinivas Raju expressed his confidence in Daria’s leadership, saying, “I am delighted that Roshan has joined Paxful and will take over the day-to-day management of the company. I am confident under his leadership the business will continue to build a financial system that truly serves 100%.”
Joseph’s last departure at Paxful was It said As a result of a feud involving countless accusations and legal disputes with co-founder Artur Schapak, who is currently COO of the exchange.
Since its inception in 2015, Paxful has grown exponentially, attracting more than 12 million users worldwide and facilitating billions of dollars in deals on its platform, according to the press release.