According to a letter from Pantera Capital to limited partners cited by CoinDesk, Pantera Capital has reshuffled its leadership, with the departure of co-chief investment officer Joey Krug and the establishment of an executive management committee. Krug joined Pantera in 2017 to manage the Liquid Token Fund. On a recent investor call, Krug revealed that the fund lost 80% in 2022 and 23% after the FTX crash in November. Pantera founder and CEO Dan Morehead stated that the executive management committee will provide management oversight of the company, including Morehead, long-term partners Paul Veradittakit and Jasper Lewitton, appointed Katrina Paglia as general counsel and chief compliance officer, and Marc Selfon as chief financial officer official.