Bitrabo Editorial
Ryan Selkis, the CEO of Messari, a crypto analytics company, has resigned immediately following controversial posts on the social media platform X.
Controversy Surrounding Ryan Selkis
The backlash against Selkis started when he made inflammatory statements on social media, including expressing hatred towards certain political groups and making aggressive remarks. This behavior drew criticism from various individuals and communities, prompting concerns and calls for accountability.
One of Selkis’ deleted posts further fueled the controversy, leading to concerns about his behavior and its impact on the community. The situation escalated as industry practitioners and community members like Adriano Feria voiced their disapproval.
Adriano Feria raised questions about the nature of Selkis’ remarks, labeling them as potentially dangerous and counterproductive. This criticism highlighted the severity of the situation and the repercussions of Selkis’ actions.
As a result of the public outcry within the crypto community, concerns about Messari’s future arose, with industry insiders signaling their intent to distance themselves from the company in response to Selkis’ behavior.
Leadership Transition
Amid mounting concerns, Selkis initially indicated he would address the issues raised. However, he later acknowledged that his political views and rhetoric had jeopardized the safety and well-being of the Messari team. Consequently, Selkis made the decision to step down as CEO.
Eric Turner, Messari’s Chief Revenue Officer and a founding team member, has taken on the role of interim CEO following Selkis’ resignation. Messari confirmed Selkis’ departure by acknowledging his contributions to the company while emphasizing the need for the business to move forward under new leadership.
Ryan recently informed us of his decision to step back from his role as CEO of Messari to focus on crypto policy and national issues. We recognize Ryan’s leadership and vision in shaping Messari and look toward a future with renewed direction.
Featured image from Fortune, chart from TradingView.com