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.
Altvest has appointed Stafford Masie as executive chairman and tasked him with leading its bitcoin treasury strategy.
The move by Altvest, which emulates US company MicroStrategy, will “fully comply with relevant financial regulations”.
Warren Wheatley and Stafford Masie tell the TechCentral Show about their involvement in a bid to buy into the Springboks.