According to Sonic Labs, Mitchell Demeter—credited with launching the world’s first Bitcoin ATM and co-founding Canada’s Cointrader exchange—has been named CEO, with former CEO Michael Kong transitioning to Chief Information Officer.
Sonic Labs announced the appointment of Mitchell Demeter as its new CEO. Demeter is recognized for launching the first Bitcoin ATM in Vancouver and co-founding Cointrader, one of Canada’s early cryptocurrency exchanges. Former CEO Michael Kong will remain on the board and assume the role of Chief Information Officer, according to the company’s official statement.