Vice President of Portfolio Management at Crypto Hedge Fund Arca Leaves

According to ChainCatcher, a source close to the company confirmed to CoinDesk that Arca's Vice President of Portfolio Management, Hassan Bassiri, has confirmed his departure from the company. The timing and reason for Bassiri's departure have not been disclosed. However, it can be confirmed that the Arca Digital Yield Fund, co-managed by Bassiri and Arca's Chief Investment Officer Jeff Dorman, has been closed for months due to the collapse of Terra. (CoinDesk)