Comment on Ex-Overstock CEO planned crypto dividend to thwart short sellers

Ex-Overstock CEO planned crypto dividend to thwart short sellers

When Patrick Byrne vacated the helm of Overstock last month, he left a nasty surprise for short sellers. Brokers at JPMorgan and Morgan Stanley in recent days have been helping short sellers roll back a bizarre plan by Overstock’s controversial ex-CEO to pay shareholders their next dividend in the form of an obscure cryptocurrency, sources...

 

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