Mar 26, 09:08 PM

Nilam Resources CEO Resigns Following 24,800 Bitcoin 'Pump and Dump', Stock Soars 10x

Nilam Resources CEO Ron McIntyre resigned the day after the company's announcement to purchase 24,800 bitcoins, calling it a 'classic pump and dump' scheme. This resignation came shortly after the company's stock experienced a significant increase, reportedly tenfold, in response to the announcement. McIntyre highlighted that he was not informed about the details of the bitcoin transaction or the announcement prior to its release.

#Nilam Resources #Ron McIntyre #McIntyre

Written with ChatGPT (GPT-4).

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ICO Drops@ICODrops
2 years ago
Nilam Resources CEO resigns day after 24,800-bitcoin announcement. https://t.co/lyBIP4r1vo https://t.co/pgJCx31znf
Bitcoin Archive@BTC_Archive
2 years ago
The CEO of the company that made the dubious “24,800 #Bitcoin LOI” announcement yesterday has resigned bc he was not given details of the transaction Or the announcement beforehand. In his own words: It’s a classic pump and dump. The stock did a 10x today. It was so… https://t.co/pKjlvbIiSz https://t.co/IJRobsRKDI
Bitcoin News@BitcoinNewsCom
2 years ago
UPDATE: Via @Protos - Nilam Resources CEO Ron McIntyre resigns, calling the letter of intent to purchase #Bitcoin "a classic pump and dump" orchestrated by the company without his review 😮 https://t.co/Gxvb29xjr8

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Nilam Resources CEO Resigns Following 24,800 Bitcoin 'Pump and Dump', Stock Soars 10x

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