Metaplanet’s executive stock pool sparks shareholder backlash as CEO addresses MMXX ties
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Metaplanet cuts Series 10 stock pool by 41%, plans Hong Kong subsidiary
Metaplanet will cut 131.3 million potential shares and form a $1 million Hong Kong subsidiary for trading in Bitcoin, equities and credit products.
Metaplanet equity backlash, SE Asia crypto funding doubles: Asia Express
Shareholders of Bitcoin treasury company Metaplanet are seething over equity allocations for insiders, while new figures cement Singapore’s role as the top Asian crypto hub.
AVAX One Technology CEO Jolie Kahn has resigned, and COO Pete Wylie has taken over as interim CEO.
According to Foresight News , SEC filings show that Jolie Kahn, CEO of Bitcoin mining and AVAX treasury company AVAX One Technology (NASDAQ: AVX), officially resigned on July 3. Chief Operating Officer Pete Wylie has been appointed interim CEO while continuing to serve as COO. The board has commissioned global executive search firm ZRG Partners to begin the selection process for a permanent CEO. Under the severance agreement, Kahn will receive $160,000 in cash compensation, medical insurance reimbursement, and $250,000 worth of unregistered common stock. AVAX One's business encompasses AI and high-performance computing data center construction, Bitcoin mining (currently with a hashrate of approximately 300 PH/s), and Avalanche treasury management.
AMC chief criticizes Robinhood’s tokenized stock plan
AMC’s CEO criticized Robinhood’s tokenized stock offerings for being unregulated in the US and said he will request an investigation from an external securities counsel.
AMC CEO Calls Robinhood Stock Tokens 'Contemptible' and 'Vile'
Adam Aron says AMC Entertainment has no connection to the tokens and is putting outside securities counsel on the case.
Flock CEO Asks Americans to 'Compromise' on Privacy as Camera Backlash Grows
Garrett Langley says 99.9% of police are good actors, days after a report identified at least 69 officials accused of misusing plate readers.