Litecoin Creator Charlie Lee Joins BTCS as New Independent Director – Press release Bitcoin News
PRESS RELEASE. Silver Spring, MD – (Globe Newswire – April 5, 2021) – BTCS Inc. (OTCQB: BTCS) (BTCS or the Company), a digital assets and blockchain technology company, today announced the appointment of Litecoin creator Charlie Lee as a new independent member of its Board of Directors.
We are honored to welcome Charlie Lee to our Board of Directors, said Charles Allen, CEO of BTCS. He is a true innovator and visionary in the blockchain space, and his decision to join our board is a strong vote of confidence in our multi-faceted strategy. We look forward to working closely with you to achieve our vision of long-term success.
Sir, I want to thank you for your support. Lee, a computer scientist best known as the creator of Litecoin, the ninth largest cryptocurrency in the world with a market capitalization of more than $13 billion, is currently executive director of the Litecoin Foundation. After working at Google from 2007 to 2013, he was Director of Engineering at Coinbase from 2013 to 2017. Mr. Lee studied at the Massachusetts Institute of Technology, graduating in 2000 with bachelor’s and master’s degrees in electrical engineering and computer science.
Mr Lee said: I am delighted to join the Board of Directors of BTCS as the company enters the next stage of its development. Building on the experience of industry pioneers, BTCS is well positioned to accelerate its growth by leveraging new capabilities, such as Glass-a-Service, as momentum within the blockchain ecosystem continues to build as it moves into an institutional phase.
VIA BTCS :
BTCS is one of the first digital asset traders and one of the first publicly traded companies in the United States to specialize in digital assets and blockchain technology. The company actively verifies and validates blockchain transactions through its transaction verification services and is rewarded for its work in the form of digital assets. The company is also developing a proprietary data analytics platform for digital assets that will allow users to consolidate their crypto transactions from multiple exchanges onto a single platform, allowing users to view and analyze their performance, risk metrics and potential tax implications. The company has a cash strategy for digital assets with a particular focus on disruptive and unsecured assets such as Bitcoin and Ethereum. For more information, please visit: www.btcs.com
Certain statements in this press release are forward-looking statements within the meaning of the federal securities laws, including statements regarding our plans to move forward in the executive suite. Words such as may, could, should, believe, expect, estimate, continue, predict, anticipate, plan, intend or similar expressions and statements of intent, beliefs or current expectations are forward-looking statements. While the Company believes that these forward-looking statements are reasonable, no undue reliance should be placed on these forward-looking statements based on the information available to us as of the date of this document. These forward-looking statements are based on current estimates and assumptions and are subject to various risks and uncertainties, including, but not limited to, failure to meet the quantitative and qualitative listing requirements of a major exchange, rejection of an exchange’s application for listing for any reason, and the risks set forth in the Company’s filings with the Securities and Exchange Commission, including its Form 10-K for the year ended December 31, 2020. Therefore, actual results may differ substantially. The Company expressly disclaims any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
Disclosure: This is a fee-based offer from BTCS Inc. Epic MegaCorp LLC (dba CryptoCoin.News) customers. BTCS agreed to pay Epic MegaCorp LLC $122,650 for investor education services. Epic MegaCorp LLC is a distributor and not a registered investment adviser. The information on this website is not intended to, and does not, constitute an offer to sell or a solicitation of an offer to buy any securities. The information provided in this registered line is for information purposes only and should not be construed as advice on any particular investment.
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