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ICE Denies Claims That Ex-Bakkt CEO Dumped Stocks After Senate Coronavirus Briefing
Summary: Senator Kelly Loeffler (R-Ga.), Georgia’s new senator and the former CEO of bitcoin derivatives exchange Bakkt, sold anywhere from $1.3 million and $3.2 million in stock following a private Senate briefing on coronavirus. The senator and her husband Jeffrey Sprecher, the founder and CEO of Intercontinental Exchange (ICE), which owns the New York Stock Exchange ...
Senator Kelly Loeffler (R-Ga.), Georgia’s new senator and the former CEO of bitcoin derivatives exchange Bakkt, sold anywhere from $1.3 million and $3.2 million in stock following a private Senate briefing on coronavirus.
The senator and her husband Jeffrey Sprecher, the founder and CEO of Intercontinental Exchange (ICE), which owns the New York Stock Exchange as well as Bakkt, made as many as 29 transactions in the weeks after the Jan. 24 briefing, the Daily Beast reported.
According to a statement released by ICE, Loeffler and Sprecher "have made clear that those transactions were executed by their financial advisors without Mr. Sprecher's or Senator Loeffler's input or direction," and that the trades were within company policies.
By Ramsey Baker
Tags: Bakkt,Coronavirus,ICE,Jeffrey Sprecher,Kelly Loeffler,senator,Stocks
Link: ICE Denies Claims That Ex-Bakkt CEO Dumped Stocks After Senate Coronavirus Briefing [Copy]
