Crypto advocate Patrick Byrne resigns as CEO of Overstock

Crypto advocate Patrick Byrne resigns as CEO of Overstock following rough year in sales.

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.

From Cointelegraph.com News https://cointelegraph.com/news/crypto-advocate-patrick-byrne-resigns-as-ceo-of-overstock