Crypto advocate Patrick Byrne resigns as CEO of Overstock

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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.

Source: , CoinTelegraph

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