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· Crypto.com hires, loses and replaces four executives and cuts about 12% of its staff

Justin Wales Replaces Nick Lundgren as Crypto.com's Chief Legal Officer

Crypto.com named Justin Wales chief legal officer on April 16, 2026, the day Nick Lundgren resigned and a court heard its Nevada appeal, 28 days after a 12 percent staff cut.

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An empty wood-paneled chamber with a raised bench, rows of unoccupied seats and two red poinsettias
An empty wood-paneled chamber with a raised bench, rows of unoccupied seats and two red poinsettias. Photo · Pexels

Nick Lundgren resigned on April 16, 2026 as chief legal officer of Crypto.com and chief executive of its sports prediction market OG.com, and Justin Wales took the legal job. That morning at 9:00 Pacific, a Ninth Circuit courtroom in San Francisco was set to hear Crypto.com's appeal against the State of Nevada, filed Nov. 14, 2025 over its sports event contracts. Wales had led the company's legal work in the Americas since January 2022. The CryptoLately.com Desk counts five verified people events at Crypto.com across 84 days, from Feb. 10 to May 5, and measures what each did.

Cite this piece

Ryan Elliott Dennis, "Justin Wales Replaces Nick Lundgren as Crypto.com's Chief Legal Officer," CryptoLately, Feb 10, 2026, https://cryptolately.com/articles/crypto-com-executive-turnover-2026

Tags: executive turnover · layoffs · prediction markets · Crypto.com

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