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HONG KONG – George Godsal has launched a consultancy focused on reputation issues and advice in the booming cryptocurrency industry, after stepping down as communications manager for the crypto exchange BitMEX .
Godsal quits after two years with BitMEX and launched REKT Partners, marking a return from the agency side after previous stints at BCW, MSL and H + K Strategies.
Specifically, Godsal hopes to use his experience at BitMEX to help crypto clients better manage the growing threat of crisis and reputation issues facing companies in the industry. While at BitMEX, the founders of the company faced criminal charges from the US Department of Justice, while settling civil charges brought by the US Commodity Futures Commission and Network Unit. Department of the Treasury Financial Crime Control.
“I know from first-hand experience that there is a real need for expertise in reputation and crypto issues, and it is an industry that is experiencing staggering growth and has no shortage of issues in general,” said Godsal at PROvoke Media. “If you look at the issues BitMEX has encountered over the past 18 months, we haven’t found anyone who has been experienced on the risk side and the issue side.”
As a result, Godsal aims to build a partnership model that also brings together compliance, regulatory and legal experts, as well as “non-traditional recruitments” in terms of knowledge and experience in the crypto industry. Like many, Godsal believes the crypto industry is underserved in terms of crisis, reputation and issue management support.
The launch of REKT Partners comes amid signs of agency growth in the crypto industry. Last month, crypto communications firm Yap Global established an Asia-Pacific hub in Singapore, with five new hires. One of the new arrivals is Gemma Lo, who heads Yap Global’s Asia-Pacific operations.
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