Besieged JSE-listed bitcoin firm hit with new market abuse probe
The embattled Africa Bitcoin Corporation is back in the crosshairs of the Financial Sector Conduct Authority.
News
Follow to see every story about this in your feed.
2 723 stories from 13 South African publishers, refreshed through the day. Every story is the publisher’s own — read it on their site, talk about it here.
Showing matches. Clear
The embattled Africa Bitcoin Corporation is back in the crosshairs of the Financial Sector Conduct Authority.
Veteran financial journalist Alec Hogg has acknowledged that he should have been more forthcoming about his company’s shareholding in troubled Africa Bitcoin Corporation.
Four, including interim CEO Stafford Masie, have resigned from Africa Bitcoin Corporation after receiving demands from a majority of shareholders for their removal.
Four of the JSE-listed company's six directors resigned after shareholders led by co-founder Warren Wheatley's family investment company asked for a vote to remove them, weeks after a regulator banned Wheatley from financial services.
Four of Africa Bitcoin's six directors have resigned after a shareholder group moved to remove them.
Africa Bitcoin Corporation interim CEO Stafford Masie and several prominent directors, including township economics expert GG Alcock, have resigned amid a boardroom battle involving debarred founder Warren Wheatley.
Shareholders controlling 76% of Africa Bitcoin Corporation’s ordinary shares want two new directors appointed, but the board is resisting.