CryptoSlate|Aug 22, 2026 18:31
RocketFuel transferred most of its payments business to a company led by one of its own executives, wiping out $1M in compensation debt.
The catch: no cash payment was disclosed, and the board approved the related-party deal without an independent valuation or shareholder vote.
https://cryptoslate.com/inside-transfer-wipes-out-1m-executive-debt-as-crypto-firm-offloads-payments-business-without-independent-valuation/(CryptoSlate)
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