Messari CEO Resigns After Controversial Trump Tweets

Ryan Selkis, CEO of Messari, has resigned from his position following a backlash over his controversial support for Donald Trump.

On July 19, Selkis stepped down after facing criticism for his political comments, which he admitted had put his team at risk.

Selkis, known on X as twobitidiot, will now transition to a Senior Advisor role, concentrating on the company’s long-term vision. Eric Turner, the former Chief Revenue Officer, will take over as CEO. Selkis praised Turner’s contributions to Messari, noting his integral role in building the company’s research team and managing sales and marketing.

Selkis’s resignation comes in response to his recent inflammatory tweets supporting Trump, including remarks made after a failed assassination attempt on the former president. Although he later apologized, Selkis defended his comments in his resignation letter, criticizing the media and the Biden administration for their handling of the incident.

His resignation highlights the intersection of politics and the crypto industry, with prominent figures like the Winklevoss twins, Cathie Wood, and Elon Musk showing support for Trump’s stance on crypto. Trump has recently promised to support the crypto industry and reverse the Biden administration’s policies if re-elected.

However, some, like BitMEX co-founder Arthur Hayes and Ethereum’s Vitalik Buterin, are skeptical of Trump’s pro-crypto position. They argue that political endorsements based solely on crypto policies might overlook broader issues of decentralization and freedom, which are core values in the cryptocurrency space.

Author

Alexander Stefanov

Reporter at CoinsPress

Alex is an experienced finance journalist and a cryptocurrency and blockchain enthusiast. With over five years of experience covering the industry, he deeply understands the complex and constantly evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His passionate approach allows him to break down complex ideas into accessible and insightful content. Follow up on his content to be up to date with the most important trends and topics - stay ahead of the curve with CoinsPress.