Self Chain announced the removal of founder Ravindra Kumar from his position as CEO.

PANews reported on June 23 that, according to The Block, Self Chain announced the dismissal of founder Ravindra Kumar as CEO because she was allegedly leading an over-the-counter transaction fraud scheme totaling $50 million. The scam began selling low-priced GRT, APT, SUI and other tokens through Telegram to attract investors in November last year, and later evolved into a typical Ponzi structure. OTC platform Aza Ventures said Kumar was suspected of being the mastermind under the pseudonym "Source 1". Kumar denied the charges and said it would be up to a lawyer to respond. The project team has announced that it is no longer affiliated with Self Chain.
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments