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Dispute between founders and board leaves Capiter in arrears to employees and creditors

The statements from Capiter’s Board and founders entail a lot of finger-pointing instead of finding a solution to pay employee salaries.

👨🏿‍🚀TechCabal Daily - For Queen and crypto

Since her death was announced, Coin Telegraph reports that over 40 coins and hundreds of NFTs named after Queen Elizabeth II have flooded the net. The Elizabeth token, for example, saw over $2.7 million in trade volume under 12 hours. More in #TCDaily.

Founders of Egyptian start up FIRED for funds mismanagement

Egyptian B2B e-commerce start-up Capiter, last year raised a $33 million series A round to the excitement of its board members when it was only one-year old. But this year the founders have been fired by the same board for funds mismanagement and aloofness. The board members unanimously fired the…

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