Self Chain CEO Ravindra Kumar Axed Amid $50M OTC Scandal

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Self Chain CEO Ravindra Kumar Axed Amid $50M OTC Scandal – Crypto Integrity in Question

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2025-06-23 11:52:47

Self Chain Ousts CEO Ravindra Kumar After $50M OTC Scam Allegations

Self Chain's board just pulled the emergency brake—CEO Ravindra Kumar is out after explosive $50M OTC fraud allegations. The move sends shockwaves through DeFi circles as investors demand transparency.

Behind the velvet rope of private deals

While Kumar's exit was abrupt, insiders whisper about shady off-exchange dealings that finally caught up with him. The $50M figure—if proven—would mark one of 2025's biggest crypto scandals.

Damage control mode activated

The chain's native token took an immediate 15% hit as news broke. Interim leadership promises forensic audits—but cynics note this is the same playbook used after every crypto blowup.

Bonus jab: Nothing unites a blockchain project like suddenly discovering their CFO's 'creative accounting' skills.

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