Self Chain CEO ousted for alleged involvement in $50M crypto OTC fraud

according to TheBlock, the blockchain project Self Chain has removed founder Ravindra Kumar from his position as CEO. Previously, users accused him of manipulating a fraud scheme that lasted for several months and involved over $50 million. Self Chain issued a statement announcing a decisive change in leadership after Kumar was suspected of involvement in off-exchange trading fraud. Previously, Kumar had denied all accusations, stating that they were completely false, and said his lawyer would respond.