Genesis Mining attempts to take over HIVE Board in reaction to demand for return of $50M

Submitted by Anonymous (not verified) on Tue, 04/23/2019 - 10:36

HIVE Blockchain Technologies Ltd., a cryptocurrency mining operator notified its shareholders that on April 19th, 2019 Genesis Mining, the largest shareholder of HIVE, holding approximately 26.3% of the company’s outstanding shares, requisitioned a meeting of shareholders for the purpose of removing directors independent...