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The Guardian - UK
The Guardian - UK
Politics
Helena Horton

CEO of bitcoin firm championed by Nigel Farage leaves company

The Reform UK leader, Nigel Farage, getting out of a car.
The Reform UK leader, Nigel Farage, joined Stack BTC when it relaunched with its share admission. Photograph: Justin Tallis/AFP/Getty Images

The chief executive of a bitcoin company promoted by Nigel Farage has left his role as the venture attempts to convince investors that it is going to deliver “long-term value” for shareholders.

Stack BTC was launched to much fanfare in March this year, with Farage and former chancellor Kwasi Kwarteng becoming some of its first shareholders. The company says its founder is Paul Withers, a friend of the Reform UK leader who owns a gold bullion company that Farage has also promoted, Direct Bullion.

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