⚠️ THIS IS THE KIND OF DEAL CRYPTO INVESTORS SHOULD WATCH
RocketFuel reportedly transferred most of its payments business to a company led by one of its own executives, while wiping out around $1M in compensation debt.
The part that caught my attention?
No cash payment was disclosed, and the board reportedly approved the related-party transaction without an independent valuation or shareholder vote.
I’m not saying the deal was automatically wrong.
But when a company is moving valuable assets while also settling executive-related debt, transparency becomes extremely important.
In crypto, the token price can move in seconds.
Due diligence takes a lot longer.
#CryptoNews #CryptoInvesting #blockchain #Binance #crypto
RocketFuel reportedly transferred most of its payments business to a company led by one of its own executives, while wiping out around $1M in compensation debt.
The part that caught my attention?
No cash payment was disclosed, and the board reportedly approved the related-party transaction without an independent valuation or shareholder vote.
I’m not saying the deal was automatically wrong.
But when a company is moving valuable assets while also settling executive-related debt, transparency becomes extremely important.
In crypto, the token price can move in seconds.
Due diligence takes a lot longer.
#CryptoNews #CryptoInvesting #blockchain #Binance #crypto
