Simon Gerovich said Metaplanet had not adequately explained the structure, and denied involvement in MMXX Ventures’ trading decisions.
- Metaplanet CEO Simon Gerovich acknowledged the company had not adequately explained its 10th Series Stock Acquisition Rights reward program or the structure of MMXX Ventures.
- Gerovich said he is a significant but non-majority shareholder in MMXX’s parent company and has no involvement in its trading decisions.
- The controversy centers on the executive option pool, which expanded as Metaplanet issued new stock, allowing insiders’ potential holdings to grow while shareholders were diluted.
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The Definitive Stablecoin Landscape Series: Asia Pacific
As stablecoins move into regulated finance, APAC is becoming a key proving ground. This report maps the region’s rules, use cases, and RLUSD’s role.
Why it matters :
As stablecoins move into regulated finance, APAC is becoming a key proving ground. This report maps the region’s rules, use cases, and RLUSD’s role.
Cathie Wood says smart investors need to start watching where AI agents spend money
U.S. added just 29,000 jobs in September, with unemployment rate rising to 4.2%
Crypto traders are in risk-on mode as bitcoin dominance nears return to 60%
Payments firm OpenPayd targets year-end Nasdaq listing to fund U.S. expansion and acquisitions
Crypto job postings triple to over 1,200 in September, but applications fall
Cathie Wood says smart investors need to start watching where AI agents spend money
Original sourceCoinDesk
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