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Self Chain CEO Removed Over Alleged Involvement in $50 Million Cryptocurrency OTC Fraud

Self Chain CEO Removed Over Alleged Involvement in $50 Million Cryptocurrency OTC Fraud

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金色财经金色财经2025/06/23 11:08

According to TheBlock, blockchain project Self Chain has removed founder Ravindra Kumar from his position as CEO after users accused him of orchestrating a months-long fraud scheme involving over $50 million. Self Chain issued a statement announcing a decisive leadership change following allegations that Kumar was involved in over-the-counter trading fraud. Previously, Kumar had denied all accusations, calling them completely false and stating that his lawyers would respond.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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