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Self Chain Layer-1 Blockchain announced that he had terminated his CEO Ravindra Kumar after charging $ 50 million at an over-the-counter (OTC).
The charge On Friday he broke with the claims that Kumar was involved in a series of fraud of OTC including companies such as Aza Ventures that Published accusations of a telegram.
Kumar replied At that time by publishing: “I have been accused of serious unlawful negotiations, which is completely false. My legal team and I work on a statement to deal with this matter. Stay tuned to updates.”
The OTC transaction is one that takes place outside the stock exchange to prevent slipping at larger transactions. Often this includes the buyer, the seller and the mediator who mediated the agreement.
The token with its own chain (SLF), which trades on binance, now after sale in connection with the accusations last week by 35.9% decreased by 35.9%.
“The role of Ravindra Kumar as the CEO was formally ended,” wrote Self Chain on Monday’s tweet. “He will no longer have any position, responsibility or connection with his own chain in any capacity in the future.”
No members of the founding chain have never been entitled to engage in OTC stores including $ SLF, “it continued.
Kumar Retweet Tweet Self Chain and removed the link to himself as the CEO from his profile.
