Sources say that Copper, a crypto custody company, has seen its CEO Amar Kuchinad step down as the company enters its fourth month of seeking a buyer. Copper has been looking for buyers since at least May and hired Cantor Fitzgerald to assist with the sale. Initially valued at around $500 million, recent offers have dropped to approximately $200 million—a significant decline from its peak valuation of over $2 billion. Kuchinad took over as CEO in October 2024, having previously worked at Goldman Sachs and served as an advisor to the U.S. SEC. (CoinDesk) https://(wublock123.com)/news/news-68041