What Does Facebook Exec’s Departure From Coinbase Board Mean For Crypto?66.23

“Facebase” might’ve been a fictional company name that you heard after David Marcus of Facebook joined Coinbase’s board, as speculation was rampant regarding the potential for collaboration between the two firms. But for now, it seems that any chance of collaboration between the two companies may be ending, as the executive of the social media firm has just resigned from his spot on the Coinbase board.

As per a Business Insider report, David Marcus, a former vice president of Facebook Messenger, has announced that his 8-month tenure on Coinbase’s board is sadly coming to an end. However, this move didn’t come without reason, with a Coinbase representative stating that this move “was made to avoid the appearance of a conflict of interest.”

Original source
https://www.newsbtc.com/2018/08/12/what-does-facebook-execs-departure-from-coinbase-board-mean-for-crypto/

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