Shortly after the election of entrepreneur Brock Pierce to the board of the Bitcoin Foundation, members of the organization began a campaign to oust him. Citing Pierce’s controversial history with troubled dotcom-era startup Digital Entertainment Network, foundation member Patrick Alexander terminated his membership in protest. Alexander was shortly joined by another nine members, who also…
Last week, the Bitcoin Foundation finalized the results of the second round of elections to fill two vacant seats on its board of directors. The winners, BTC China’s Bobby Lee and “serial entrepreneur” Brock Pierce, were chosen over Gyft CEO Vinny Lingham. Almost immediately after the announcement, however, several members of the Bitcoin Foundation began…
Following the second round of voting to replace two vacant seats on the Bitcoin Foundation’s board of directors, BTC China CEO Bobby Lee and venture capitalist Brock Pierce were officially added to the board’s roster. The three-person runoff election saw Gyft CEO Vinny Lingham miss election to the post by a narrow 2% margin. Votes…