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Edward Reginelli, Chief Finance Officer, Bitgo, will be separated, resulting in a net loss of $19 million for the second quarter of the company

According to The Defiant, Edward Reginelli, Chief Financial Officer of BitGo, will be separated on 15 September and will serve as a consultant upon separation. The net loss of BitGo in the second quarter amounted to $19 million, with a profit of $38.3 million over the same period last year, and an increase in revenue of 79.6 per cent to $4.33 billion. The adjusted EBITDA was converted from a profit of $3 million to a loss of $4.2 million over the same period last year. Edward Reginelli's resignation did not result from differences in company operations, policy or practice, and BitGo had begun to identify his successor。

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