Tag Archives: CEO

Overstock Shares Crash as Former CEO Cashes Out – Goes All In on Crypto and Gold

Ousted former CEO of Overstock, Patrick Byrne, revealed via a regulatory filing on Wednesday that he offloaded his entire holdings in the internet retailer he’s been at the helm for since 1999. Continue reading Overstock Shares Crash as Former CEO Cashes Out – Goes All In on Crypto and Gold

Ripple CEO Garlinghouse Slams FUD Because ‘It’s Clear XRP Isn’t a Security’

Investments in XRP has dwindled dramatically in 2019, indicating that not many are using the crypto-asset for its intended application: that of behaving as a bridge between fiat currencies for cross-border payments. The result is an underperforming token, now down more than 23 per cent against the US dollar. Continue reading Ripple CEO Garlinghouse Slams FUD Because ‘It’s Clear XRP Isn’t a Security’

Nouriel Roubini Out of Hiding Provokes BitMEX CEO Arthur Hayes

New York University economist and bitcoin-hater Nouriel Roubini has come out of hiding to take a swipe at crypto exchanges. It’s been a while since the notorious bitcoin basher has taken to Twitter to flame bitcoin. Something about a tweet by the BitMEX exchange raised Roubini’s ire. When BitMEX announced its bitcoin derivatives volume had reached $1 billion in open interest, the professor unleashed one of his characteristically scathing polemics. Continue reading Nouriel Roubini Out of Hiding Provokes BitMEX CEO Arthur Hayes

CEO of the Infamous Mt.Gox Found Guilty

Today it became known that Mark Karpeles was found guilty of tampering with records. He was given a sentence of two years and six months. But it is important to take account of the fact that Mark will be suspended for four years and if staying on good records in the next four years he will avoid jail time. Continue reading CEO of the Infamous Mt.Gox Found Guilty