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Marcus, the leader of Facebook's "F2" financial division and the co-creator of its Diem digital currency project, is stepping down. He joined Facebook in 2014 after two years as president of PayPal.
After seven years of working at Meta, David Marcus, the head of the firm’s crypto unit Novi, has decided to step down.
Gigi Sohn and Alan Davidson will face Senate Commerce lawmakers this morning.
Facebook parent company Meta is losing its top crypto executive later this year. David Marcus who leads crypto unit Novi and previously helmed the company’s Messenger unit, announced Tuesday that he will be leaving the company later this year. Marcus joined Facebook in 2014. His departure marks another major exit from a long-time Facebook executive […]
Former PayPal exec David Marcus has been leading a push by Facebook to launch its own cryptocurrency, called Diem. While the team is testing its Novi digital wallet, it will move forward now without Marcus.