Crypto advocate Patrick Byrne resigns as CEO of Overstock

Noted crypto advocate Patrick Byrne resigns as CEO of Overstock.

Per a letter of resignation and company statement posted on Twitter Aug. 22, Patrick Byrn will be stepping down as CEO of Overstock.

Having led crypto-friendly ecommerce at the company, including the launch of tZero and Overstock’s acceptance of Bitcoin payment, Byrne’s announcement follows the announcement of disappointing Q1 earnings for 2019.

Disclaimer: This story is breaking and will be subject to updates.

Published at Thu, 22 Aug 2019 16:45:00 +0000

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