Self Chain Terminates CEO Ravindra Kumar Following $50 Million Scam Claims
Self Chain has terminated CEO Ravindra Kumar following allegations of a $50 million over-the-counter (OTC) scam. Key points include:
- Kumar allegedly involved in multiple OTC scams, including Aza Ventures.
- He denied the accusations, stating they are false and indicated he is preparing a legal response.
- The Self Chain token (SLF) has dropped by 35.9% over the past week amid these allegations.
- Self Chain confirmed Kumar's termination and stated no founding members are authorized for OTC deals involving $SLF.
- Kumar has since removed his title as CEO from his profile.