Sky Mavis Taps Robinhood Compliance Exec as New Legal Chief (1)

Sky Mavis Inc., a non-fungible token-focused startup reeling from a massive hack earlier this year, has hired its first-ever general counsel in James Nguyen from Robinhood Markets Inc.

Nguyen, who will lead legal and regulatory affairs for the Vietnamese company, most recently was general counsel and chief compliance officer for Robinhood’s cryptocurrency unit. Robinhood, which in August cut 23% of its workforce, declined to discuss Nguyen’s exit or replacement.

Sky Mavis confirmed Nguyen’s hire. The company has also faced headwinds.

Hackers made off with roughly $600 million in Sky Mavis digital money stored within Axie Infinity, an online video game ...