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Chen Fang

Interim CISO and Chief Operating Officer at BitGo

Chen Fang is the Chief Operating Officer (COO) at BitGo Inc., a company specializing in digital asset financial services. He has been in this role since July 2022 and also serves as the Interim Chief Information Security Officer (CISO) for BitGo New York Trust Company since August 2022.1 Before becoming COO, Chen was the Chief Product Officer at BitGo from February 2020 to July 2022, where he played a significant role in the company's operations across the United States, Germany, and Singapore.1

Prior to his tenure at BitGo, Chen Fang co-founded and served as CEO of Lumina, a platform for digital assets, from January 2018 to February 2020. His earlier career includes roles such as Senior Director of Product Management at Zenefits and Senior Product Manager at Microsoft, where he contributed to the development of Bing and Cortana.1 Chen Fang holds an education from Harvard University and is based in the United States.1

Highlights

Mar 17 · linkedin

The most recent blog posted by Fireblocks’ engineering team is a competitor trying to drum up unnecessary fear, turning a known gap into a publicity stunt during a time our industry should really be working together against headwinds.

tl;dr —

  1. Fireblocks didn't uncover anything
  2. The wallet type in question was in early release, open source review
  3. This gap is a known to-do as documented on GitHub
  4. There were zero actual clients using this wallet type
  5. There was no loss of assets

In the last 3 months, Fireblocks privately reached out to multiple publications, a number of our clients, even select regulators, pushing this FUD.

Fireblocks’ press release includes a litany of false claims intended to damage BitGo’s reputation, as well as BitGo’s actual and potential commercial relationships. BitGo is currently pursuing all legal remedies, including but not limited to damages, injunctive relief, court costs and attorneys fees.

More: https://lnkd.in/eweKhW_s

#bitgo #fireblocks #fud

Related Questions

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Chen Fang
Chen Fang, photo 1
Chen Fang, photo 2
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Experience

Interim CISO and Chief Operating Officer at BitGo
Chief Product Officer at BitGo (Feb 2020 - July 2022), Co-Founder & CEO at Lumina (Jan 2018 - Feb 2020), Senior Director of Product Management at Zenefits (Feb 2015 - Jan 2018), Senior Product Manager at Harvard University (Feb 2007 - Oct 2007)

Location

United States