Giancarlo Devasini, Brock Pierce, Jean-Louis van Der Velde, and Stuart Hoegner
8/2/2024 12:08am
Giancarlo Devasini, Brock Pierce, Jean-Louis van Der Velde, and Stuart Hoegner are key figures in the cryptocurrency and blockchain industry. Here's a brief overview of their backgrounds and involvement with Tether and Bitfinex:
1. **Giancarlo Devasini**:
- **Background**: Devasini is the Chief Financial Officer (CFO) of Bitfinex and has been involved in the blockchain space since 2012.
- **Tether Connection**: He is a significant shareholder in Tether, with an estimated 47% stake, indicating substantial influence over the company's decisions.
- **Experience**: Devasini has a diverse background, including a history in the tech and distribution sectors, as well as a medical degree initially pursued but not completed.
2. **Brock Pierce**:
- **Background**: Pierce is an American entrepreneur known for his work in cryptocurrency and blockchain. He has a history in the industry, including founding Tether and other related companies.
- **Involvement**: He is the Chairman of the Bitcoin Foundation and co-founder of EOS Alliance, Block.one, and Blockchain Capital, among other ventures.
- **Impact**: Pierce is considered a pioneer in the market for digital currency and has raised more than $5B for companies he has founded.
3. **Jean-Louis van Der Velde**:
- **Background**: van der Velde is the former CEO of crypto firm Tether and the CEO of its sister company, Bitfinex.
- **Tether's Growth**: Under his leadership, Tether has grown to become the largest stablecoin by volume.
- **Experience**: van der Velde has a strong background in technology and finance, with a history of founding and managing companies in the tech and financial sectors.
4. **Stuart Hoegner**:
- **Background**: Hoegner is an international cryptocurrency and gaming lawyer and accountant.
- **Role**: He serves as the General Counsel to Bitfinex and is involved in providing legal advice and managing compliance operations.
- **Expertise**: With a focus on cryptocurrency and gaming law, Hoegner is well-equipped to advise on the legal aspects of these industries.
These four individuals have extensive experience in the cryptocurrency and blockchain space, with a strong background in finance, technology, and compliance. Their collective expertise and ownership in Tether and Bitfinex positions them as influential figures in the development and growth of the crypto industry.