Self Chain removes CEO amid fraud investigation

News story


Description

Self Chain removed CEO Ravindra Kumar after allegations of his role in a $50 million OTC crypto fraud. The project denied any involvement and is shifting to a decentralized, DAO-led governance model amid the fallout.

Maintainers

Kaleidoscopia

Publish date

June 23, 2025

Related projects

Self Chain

Related topics

Ethics

Sources

Self Chain fires founder accused of masterminding $50m OTC crypto scam
Self Chain: Leadership Transition Marks Renewed Focus On Decentralization And DAO Governance
Self Chain Ousts CEO Ravindra Kumar After $50M OTC Scam Allegations
Self Chain Governance Update
Self Chain CEO Involved in $50 Million Crypto OTC Fraud

Tags

06/23/2025
Week 26 of 2025