Latest news about Bitcoin and all cryptocurrencies. Your daily crypto news habit.
Bitcoin Cash backer, Roger Ver is no longer the CEO of the controversial crypto company Bitcoin.com.
Ver âPromotedâ to Executive Chairman
Ver, one of the more polarizing personalities within the crypto space appears to have been removed as the CEO of his company â Bitcoin.com. The website now lists Ver as âExecutive Chairman,â with Stefan Rust as CEO.
So it seems @rogerkver is no longer CEO of https://t.co/vkLImCsPWG⊠did he finally exit scam BCrash? pic.twitter.com/pYjxmTPXIr
â Rory (@roryhighside) August 1, 2019
Rustâs LinkedIn page has him listed as the Corporate and Business Development chief at the company before his promotion to the role of CEO. As at press time, there has been no official announcement about the organizational change by the company.
Ver and Bitcoin.com have come under scrutiny over claims that the platform tries to deceive people into thinking BCH is BTC. Ver continues to be an advocate for the argument that Bitcoin Cash is superior to the leading cryptocurrency.
Verâs removal also echoes a similar change in the hierarchy at mining giant Bitmain. in late 2018, Bitmain underwent an organizational restructuring that saw Wu (a close ally of Ver) exit his seat as CEO.
Is Ver Ditching Bitcoin Cash?
Since the news broke, and without any official word from Bitcoin.com, there have been rumors on social media that Ver might be exiting the BCH shilling arena. In 2018, Ver told Bitcoinist that he held more BCH than BTC.
Classic move. Letting someone else take the fall.https://t.co/yjMcLEmfv4
â WhalePanda (@WhalePanda) August 1, 2019
There is some conjecture that Ver might have been forced out as CEO of his own website with the company looking to launch its exchange platform. Verâs previous exoneration of Mark Karpeles â the ex-Mt. Gox chief might not be a good fit for a new exchange platform.
Before the 2017 hard fork, Ver had been a staunch BTC evangelist even earning the moniker âBitcoin Jesus.â
Ver was also a major player in the BCH vs. BSV hash war that occurred in late 2018. The former âBitcoin CEOâ sided with Jihan Wu against Calvin Ayre and self-proclaimed Bitcoin creator, Craig S. Wright (CSW).
The tussle with Wright also involved a legal case with CSW suing Ver for libel. Roger Ver allegedly called Wright a fraud for claiming to be Bitcoin creator; Satoshi Nakamoto â a view held by many in the crypto space.
A U.K. court recently dismissed the suit, the latest in a string of unfavorable rulings for CSW.
Do you think Roger Ver is ditching Bitcoin Cash? Let us know in the comments below.
Images via Twitter @roryhighside and @WhalePanda
Disclaimer
The views and opinions expressed in this article are solely those of the authors and do not reflect the views of Bitcoin Insider. Every investment and trading move involves risk - this is especially true for cryptocurrencies given their volatility. We strongly advise our readers to conduct their own research when making a decision.