In Brief:
- Compound Labs general counsel Jake Chervinsky announces his departure.
- Chervinsky reported that he would be working with Grwth Labs as an essential counsel on the Gro Protocol.
- Recently, Compound faces scrutiny over a bug that places 280 COMP tokens at risk.
Decentralized finance (DeFi) lending protocol Compound Labs General Counsel Jake Chervinsky announces his departure. As the company is losing its lead lawyer.
On October 1, Jake Chervinsky tweeted, after 2.5 years amazing years, yesterday was my last day at Compound finance.
Chervinsky said he gave notice four weeks ago and spent the month of September wrapping up and transitioning out. He shared experience and worked on big projects over the year, launching Compound Treasury.
On Sept 29, Chervinsky reported that he would be working with Grwth Labs as an essential counsel on the Gro Protocol. Concerning the next full-time position, Chervinsky is playing that near the vest.
Chervinsky’s announcement comes as Compound faces scrutiny over a bug that places 280K COMP tokens at risk. Yesterday evening, Compound organizer Robert Leshner tweeted a threat that “those who didn’t return those prizes would be doxxed.”
Lastly, Chervinsky thread showed “I’ve been working crypto hours for too long, so I’m taking all of October off. Talk to you soon.”
