Hiroshi Goto resigns from crypto exchange Coincheck, joins Monex as executive director and Head of Operations division

Japanese online brokerage Monex Group has announced the resignation of Hiroshi Goto, a former executive director of cryptocurrency exchange Coincheck.

Monex Group is the operator of Coincheck exchange, which it acquired in April 2018. The acquisition deal was struck after Coincheck suffered a major hack in which it lost nearly $530 million in NEM tokens.

Effective from June 30, 2019, Goto has resigned as the executive director of Coincheck, but will continue his association with Monex Group, where he will now take on the role of executive director and Head of Operations division.

Finance Magnates reported that Goto’s resignation from Coincheck comes amid a number of other changes at the exchange. Last month, Takeshi Tamaki, who served as an outside director, also resigned, and was replaced by Nobukazu Takahashi.

The parent company Monex is also witnessing leadership changes. In June, the firm’s Executive Director Harumi Katsumata stepped down from his position, while Managing Director and Senior Advisor of Monex Shoji Kuwashima also resigned.

Subsequently, Katsuki Mandia was appointed as a Managing Director and Vice President of Monex. Seji Sakuma and Kiminori Kaneko also took on the additional role of Managing Director.

Earlier in April, reports suggested that Monex Group is considering adding cryptocurrencies to its offerings for retail clients. The firm’s brokerage unit was reportedly planning to add cryptocurrencies to its offerings for retail clients in collaboration with Coincheck.