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Richard Byworth: Metaplanet board rolls back 41 percent of series 10 shares

Richard Byworth: Metaplanet board rolls back 41 percent of series 10 shares
Metaplanet reverses 41 percent of shares

Richard Byworth, former CEO at Diginex / Eqonex, shares that Metaplanet's board has rolled back 41 percent of the shares included in the series 10.

Byworth adds that he had previously highlighted the importance of addressing this matter prior to the international offering, and notes that the board has now taken action.

Byworth previously commented on Bitcoin's rapid 4-5% drop to $62,000 after sudden seller activity, raising questions about new market participants involved in the move, according to an earlier report here. He has also said that taking a Bitcoin-only approach can help shield new investors from altcoin scams in a separate statement. His recent focus on share adjustments follows these prior warnings on market and investor protection issues.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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