Self Chain CEO has been ousted for allegedly participating in a $50 million over-the-counter cryptocurrency fraud
Online reports, according to TheBlock, blockchain project Self Chain has dismissed founder Ravindra Kumar as CEO after users accused it of manipulating a fraud scheme that lasted for months and involved more than $50 million. Self Chain issued a statement announcing a decisive leadership change after Kumar was suspected of participating in over-the-counter trading fraud. Previously, Kumar had denied all allegations, calling them completely untrue and said his lawyers would respond.
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