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The Guardian report means that Richard Sharp, Chairman of the BBC, has invested in a Russian crypto agency

Top News Crypto by Top News Crypto
August 22, 2022
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The Guardian report means that Richard Sharp, Chairman of the BBC, has invested in a Russian crypto agency
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In keeping with a report by one of many UK’s most trusted newspapers, The Guardian, BBC (British Broadcasting Company) Chairman Richard Sharp has an oblique enterprise relationship with Russian crypto agency Atomyze.

The report states that Sharp invested in Atomyze by an organization referred to as “ABCP GP”. The ABCP GP is licensed to function on Cayman Island. Sharp has been investing in Atomyze for 3 years. Meaning Sharp invested within the firm lengthy earlier than he was appointed BBC chairman.

Atomyze is a Russian blockchain crypto firm based by Russian oligarch Vladimir Potanin. The platform is especially used for buying and selling commodities resembling gold, silver, palladium and nickel. Many of the items traded on the platform are manufactured by Potanin’s different firm.

It’s noteworthy that Atomyze is among the few crypto corporations acknowledged by the Russian authorities. The truth is, Atomyze is the primary crypto firm ever to make it onto the checklist of permitted digital asset operators of the Central Financial institution of Russia. As well as, Vladimir Potanin has shut ties with the Russian authorities. He was included within the checklist of oligarchs consulted by Vladimir Putin earlier than invading Ukraine. Potanin was just lately sanctioned for his help and connection to the Russian authorities.

In response to the story, Sharp’s spokesman acknowledged that Sharp now not controls its personal enterprise. As a result of he employed an asset administration agency referred to as “Blind Belief” to keep away from conflicts of curiosity. The spokesperson famous that trusteeship is held by each ABCP GP Ltd and Atomyze Switzerland, with no dependency on Sharp.

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