Re:Litecoin price, tweets, and conflict of interest
by prostoalex on Thursday December 21, 2017 @12:58AM
(#15976766)
> A CEO of a publicly listed company doesn't liquidate all their shares because there might be a perceived conflict of interest
That’s because their company’s product is something other than “company shares”, save for a few public companies around the first dot-com boom and some fine businesses traded over-the-counter.
Since CEOs are usually in charge of championing their product, and since in cryptocurrency case the product is the instrument of ownership, the gray line between honestly championing one’s product and peddling securities that are potentially worthless does create a conflict of interest.
That’s because their company’s product is something other than “company shares”, save for a few public companies around the first dot-com boom and some fine businesses traded over-the-counter.
Since CEOs are usually in charge of championing their product, and since in cryptocurrency case the product is the instrument of ownership, the gray line between honestly championing one’s product and peddling securities that are potentially worthless does create a conflict of interest.