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Evening Standard

Business

Simon Hunt

CEO of FET operator Fetch.ai offers reassurance after UK firm administration amid $1 million court case

United Kingdom Fetch Standard

The boss of Fetch.ai has sought to allay investor concerns after the firm’s UK business was put into administration over “financial difficulties” following a million-dollar London court case.

In an interview with the Standard, founder Humayun Sheikh insisted it was “business as usual” for the tech firm and creator of the FET cryptocurrency as he outlined plans to restructure as part of a shift in operations from the UK to Dubai.

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