Surojit Chatterjee, the former chief product officer of Coinbase, will announce his resignation on February 3. It is reported that he has obtained a possible income of 105 million dollars in the sales of individual stock market

According to the announcement submitted to the United States Securities and Exchange Commission, Chatterjee will also keep 249315 Coinbase shares. At the time of issuance, the price of Coinbase shares was $54.28 per share, so these shares were valued at $13.5 million.

Chatterjee added Coinbase from Google Search in February 2020, with an annual revenue of slightly less than $1 million. In order to reward Chatterjee for its contribution to the company, Coinbase and Chatterjee signed a resignation agreement, which mainly includes the benefits of resignation and other agreements to provide consultation from February 4 to December 31.

According to the announcement submitted by Coinbase to the Securities and Exchange Commission of the United States, Chatterjee will receive "a one-time payment consistent with our existing policy of change of control and resignation, which requires payment of accounts and welfare protection to senior management staff at the time of some qualified stops." In addition, Chatterjee will "continue to enjoy health insurance within ten months after the time of departure according to the requirements of COBRA." The benefit of departure is that "Mr. Chatterjee is not easy to withdraw his resignation and eliminate the claims with the company as the insurance beneficiary"

In the Linkedin post announcing his departure from Coinbase, Chatterjee said:

"I look forward to making another contribution as a consultant to Brian and the senior management team, and making continuous efforts to create more economic independence and build a stronger network for everyone."

Coinbase is again facing difficulties under current market conditions. On January 18, CoinTelegram said that because of the market situation, Coinbase would stop its operations in Japan and conduct a comprehensive inspection of its business in Japan

Therefore, all Coinbase Japanese customers must withdraw their current currency and digital currency from the software before February 16. After February 17, all remaining encrypted assets held by Coinbase Japan customers will be converted into Japanese currency.