The CEO of Argo Blockchain follows the CFO when resigning

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Von Krypto News Österreich

Der führende Kryptowährungs-Miner – Argo Blockchain – gab bekannt, dass sein CEO Peter Wall von seinem Posten zurücktreten wird. Das Unternehmen verlor seinen CFO – Alex Appleton – vor weniger als einer Woche. Ein weiterer Argo-Manager tritt zurück Laut einer Firma Bekanntmachung, wird Peter Wall Argo Blockchain verlassen, nachdem er drei Jahre lang als Chief Executive Officer tätig war. Er bezeichnete seinen Aufenthalt dort als „großes Privileg“ und dankte allen Kolleginnen und Kollegen für ihre Unterstützung und ihren Einsatz: „Es war ein großes Privileg, Argo Blockchain in den letzten drei Jahren geführt zu haben. Es war eine ziemliche Reise, und …
The leading cryptocurrency miner-Argo Blockchain-announced that his CEO Peter Wall will resign from his post. The company lost its CFO - Alex Appleton - less than a week ago. Another Argo manager steps back according to a company, Peter Wall Argo Blockchain will leave after working as Chief Executive Officer for three years. He described his stay there as a "big privilege" and thanked all colleagues for their support and their commitment: "It was a great privilege to have led Argo Blockchain in the past three years. It was quite a journey, and ... (Symbolbild/KNAT)

The leading cryptocurrency miner-ARGO Blockchain-announced that his CEO Peter Wall will resign from his post.

The company lost its CFO-Alex Appleton-less than a week ago.

Another Argo manager withdraws

according to a company announcement , will leave Peter Wall Argo Blockchain for three years as a chief executive office. He described his stay there as a "great privilege" and thanked all colleagues for their support and their commitment:

"It was a great privilege to have conducted Argo Blockchain in the past three years. It was quite a journey, and we have traveled a long way. I am happy to have recently managed the successful Galaxy deal, and thank all of my colleagues at Argo for their commitment, their support and enthusiasm. Up! "

The company appointed Seif el-Bakely as an interim CEO, while Matthew Shaw becomes chairman of the board. The latter commented:

"Peter has created a strong basis for Argo, a confident organization full of talented employees who stands behind a clear strategy and focuses on achieving profitable growth and market share profits. On behalf of the board and all employees of Argo, I would like to thank Peter for his many success Wish. “

the miner before the departure of his CFO and executive director-Alex Appleton. The Brit, which will concentrate on other options than the cryptocurrency industry, said he was proud of his success in recent years and wished his former colleague "all the best".

Argos Current Problems

The past few months have been quite uncomfortable for the organization. It agree towards the end of 2022 to sell digital for $ 65 million and thus avoid applying for bankruptcy protection. Argo will remain the owner of the machines, while Mike Novogratz's company will accommodate the mining flot

A heavy winter storm that pulled through Texas through Texas crippled the production level in December, and the company only promoted 147 BTC, 25 % less in November.

Argo was also with a lawsuit from an investor group at the end of January. They claimed that the company's "illegal actions and omissions" in 2021 had led to a "steep decline" of its American Depositary Shares (ADS), which had led to painful losses for consumers.

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