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BlockFi's founder and current CEO, Zac Prince, is poised to depart from the company and the cryptocurrency sector, transitioning to a real estate technology startup named Re Cost Seg, as reported by Foresight News. While Prince contemplated launching another venture within the crypto realm, fueled by his enduring passion and conviction, reminiscent of his inception of BlockFi, his decision took a different turn. Influenced by his spouse's counsel, who cautioned against the inherent risks and unpredictability of the crypto sphere, he opted for a venture with potentially lower risk exposure.

Expressing his commitment to ensuring the security of his cryptocurrency holdings, Prince affirmed his intent to maintain all assets stored on BlockFi until every customer receives full compensation.