Belshe also highlighted that Sun is not an employee of BiT Global. The company, he said, is structured as a public holding company in Hong Kong with a fiduciary duty to secure customer assets. Under local laws, no individual can own more than 20% of the company.
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- Source: https://www.coindesk.com/business/2024/08/15/bitgo-reiterates-autonomy-from-justin-sun-tron-as-makerdao-decides-to-dump-wbtc/?utm_medium=referral&utm_source=rss&utm_campaign=headlines