Warren Wheatley has resigned as CEO and employee of Africa Bitcoin Corporation, three weeks after the FSCA debarred him.
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The regulator has imposed R10-million in penalties and 20-year debarments over trading in shares in September 2022.
South Africa’s financial services sector regulator has debarred Africa Bitcoin Corporation CEO Warren Wheatley.
Africa Bitcoin Corporation, formerly Altvest Capital, is moving its JSE listing from AltX to the main board.
Africa Bitcoin Corporation is handing a 4% stake in the company to a newly appointed financial adviser.
Africa Bitcoin Corporation has appointed economist and author Saifedean Ammous as its “bitcoin strategic advisor”.
Altvest has appointed Stafford Masie as executive chairman and tasked him with leading its bitcoin treasury strategy.