Self Chain fires founder accused of masterminding $50m OTC crypto scam – DL News
- Ravindra Kumar has been fired from his own company.
- Self Chain has found itself at the centre of an alleged $50 million scam.
- Kumar has denied any wrongdoing.
Self Chain is distancing itself from its founder and CEO Ravindra Kumar after he denied involvement in a $50 million crypto fraud targeting crypto’s wealthiest investors.
On Monday, the Binance-listed project announced in a post on X that it had formally terminated Kumar.
Self Chain attributed the move to “recent developments that diverge from the founding vision of Self Chain.”
“He will no longer hold any position, responsibility, or association with Self Chain in any capacity going forward,” the post said.
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