BitGo disclosed on Aug. 12 that it recorded a $19 million net loss in the second quarter and that Chief Financial Officer Edward Reginelli will officially leave the company on Sept. 15. Reginelli notified the board on Aug. 10, and BitGo said his departure was not the result of any disagreement over the company's operations, policies or practices. The company has started a formal search for a successor, while Reginelli will continue to serve as an adviser after stepping down.