Tag: CEO

Ex-Celsius CEO Mashinsky sentencing set for May 8.

Key Notes Former CEO of Celsius, Alex Mashinsky, is expected to be sentenced on May 8. The sentencing was delayed by one month following a request from the defense to present additional evidence. Mashinsky pleaded guilty to securities and commodities fraud related to Celsius’s token, CEL. Alex Mashinsky, the former CEO of Celsius, is set to be sentenced by a US court on May 8, 2025, after pleading guilty to two criminal counts. Two years ago, he faced accusations of wire fraud, securities fraud, commodities fraud, and multiple counts of…

Strike’s Jack Mallers named CEO of Bitcoin-focused Twenty One Capital

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Jack Mallers, founder and CEO of crypto payments firm Strike, is taking on a new role as CEO of the newly formed Bitcoin-centric company Twenty One. The announcement that Jack Mallers will be the new Twenty One Capital, Inc. CEO comes after the new company revealed a business venture involving Cantor Equity Partners,a special-purpose acquisition company by a Cantor Fitzgerald affiliate. Backed by stablecoin issuer Tether and Japanese investment powerhouse SoftBank Group, Twenty One will launch with more than 42,000 Bitcoin (BTC) under management. The company aims to maximize BTC…

Unicoin CEO Rejects SEC’s Attempt to Settle Enforcement Probe

Unicoin has rebuffed the U.S. Securities and Exchange Commission’s (SEC) attempt to negotiate a settlement agreement to close an ongoing probe into the Miami-based crypto company, its CEO Alex Konanykhin revealed in a Tuesday letter to investors. In his letter, Konanykhin said Unicoin was given an “ultimatum” by the SEC to attend a settlement negotiation meeting last week, on April 18. “We declined to show up,” Konanykhin told CoinDesk, adding that the SEC had made demands ahead of the meeting that he found “unacceptable.” He declined to share specifics, telling…

Metaplanet CEO Defends Company’s Bitcoin Treasury Approach Despite Concerns over Share Price

Key Notes Metaplanet now holds Asia’s largest BTC treasury, aiming for 10,000 BTC by the end of 2025. BTC per share up 119.3% YTD, beating the 35% quarterly target. CEO Gerovich defends strategy amid 2.3% share price dip, citing long-term value goals. Simon Gerovich, the CEO of Metaplanet, took to X to address the concerns of some shareholders regarding the investment firm’s share price. Metaplanet’s share price dropped 2.3% in the past day and 4.2% over the past week. According to a translation of Gerovich’s tweet, the aim of the…

Metaplanet CEO eyes 10k Bitcoin goal, vows long-term value creation

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Metaplanet CEO Simon Gerovich announced the firm’s ambitious goal to reach 10,000 BTC by the end of 2025, positioning the Japan-based company as a leading global Bitcoin treasury. In a detailed update on X, Gerovich said that Metaplanet has grown its holdings to 4,855 Bitcoin (BTC) over the past year, making it Asia’s largest publicly listed Bitcoin holder and the 10th largest globally. Gerovich addressed shareholder concerns over stock price volatility, stating that Metaplanet’s mission is to generate long-term corporate value rather than short-term returns.  “We are steadily executing on…

CEO Confirms Significant Portion Of Stolen $1.4 Billion Is Now Untraceable

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. In a staggering breach that rocked the crypto world, crypto exchange Bybit has reported significant developments following a major hack attributed to alleged North Korean hackers.  The incident, part…

Mantra says CEO has begun the process of burning his 150M OM tokens

Mantra founder and CEO John Patrick Mullin has started unstaking 150 million of his Mantra (OM) tokens in preparation for sending them to a burn address in an attempt to restore the token’s value by tightening supply.  Mantra announced on April 21 that the unstaking process had begun, and would be completed by April 29, at which point Mullin’s Mantra (OM) tokens will be sent to the burn address and permanently removed from circulating supply. Source: John Patrick Mullin Mullin said it was a “first step in rebuilding trust with…

Consensys, Solana, Uniswap CEO donated to Trump’s $239M inauguration fund

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New filings from the Federal Election Commission (FEC) reveal that several cryptocurrency firms and their executives made significant contributions to US President Donald Trump’s inauguration fund after the results of the 2024 election.  According to FEC filings made public on April 20 by the Trump-Vance Inaugural Committee, Uniswap CEO Hayden Adams donated more than $245,000, Solana Labs donated $1 million, and software firm Consensys sent $100,000 in January to support the then-president-elect’s inauguration. Many major crypto firms had previously announced their support of Trump through donations to the inaugural fund,…

Bybit’s CEO Meets with Vietnam’s Minister of Finance to Support Regulatory Sandbox and Strengthen Crypto Compliance

DUBAI, UAE, April 19, 2025 /CNW/ — Ben Zhou, Co-founder and CEO of Bybit, one of the world’s second-largest cryptocurrency exchanges by trading volume, met with H.E. Nguyen Van Thang, Minister of Finance of Vietnam, to express Bybit’s strong support for the country’s regulatory sandbox initiative and its vision to build a safe, transparent, and innovation-friendly digital asset ecosystem. Hosted at the Ministry of Finance headquarters, the meeting centered on Vietnam’s efforts to establish a comprehensive legal framework for crypto assets. Minister Nguyen Van Thang outlined the Government’s plan to…