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Self Chain CEO Dismissed for Alleged Involvement in $50 Million Cryptocurrency OTC Trading Fraud

Summary: According to The Block, blockchain project Self Chain has dismissed founder Ravindra Kumar from his CEO position following accusations of manipulating a fraud scheme involving over $50 million that lasted for several months. Self Chain released a statement announcing a decisive change in leadership after Kumar was implicated in the OTC trading fraud. Prior to ...

According to The Block, blockchain project Self Chain has dismissed founder Ravindra Kumar from his CEO position following accusations of manipulating a fraud scheme involving over $50 million that lasted for several months.

Self Chain released a statement announcing a decisive change in leadership after Kumar was implicated in the OTC trading fraud.

Prior to this, Kumar had denied all allegations as completely false and stated that his lawyer would respond accordingly.

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Link: Self Chain CEO Dismissed for Alleged Involvement in $50 Million Cryptocurrency OTC Trading Fraud [Copy]

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