Bitfarms announces new CEO, Riot launches campaign as corporate dispute escalates
The corporate battle for control of Bitfarms continues to evolve as the company appoints a new CEO, while its board continues to be contested by Riot Platforms.
Bitcoin miner Bitfarms has appointed new leadership, while Riot Platforms has launched a new campaign website as the corporate dispute between the companies continues.
According to a July 8 announcement, Bitfarms announced the appointment of Ben Gagnon as its new CEO. Gagnon was previously chief mining officer and has been at the company since 2019.
On the same day, Riot launched a new website in connection with its call for a special meeting of Bitfarms shareholders. In this meeting, which is yet to be scheduled, Riot seeks to reconstitute Bitfarms’ board of directors.
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Author: Ana Paula Pereira
