In a recent press release, the board of nChain, a leading company in blockchain technology and Web3 development, addressed allegations made by its former CEO, Christen Ager-Hanssen. The board expressed disappointment in Ager-Hanssen’s conduct and clarified the circumstances surrounding his dismissal. They also reaffirmed their commitment to the company’s mission and announced an independent external review of a document (also known as the Fairway Brief) submitted by Ager-Hanssen.
Board’s Reaction to Ager-Hanssen’s Statements
The board of nChain has publicly acknowledged the statements made against the company by Christen Ager-Hanssen, its former CEO. Expressing disappointment in Ager-Hanssen’s actions, the board stated that his summary dismissal last week was warranted due to “serious and inappropriate” conduct on September 27. The decision was communicated to Ager-Hanssen on the same day.
Independent Investigation and Confidential Findings
The board revealed that concerns about the recent stewardship of the business had led them to commission an independent investigation. While they acted upon the findings of this investigation, they deemed it inappropriate to disclose these confidential details. This adds a layer of complexity to the unfolding drama, as it suggests that internal issues may have been a contributing factor to Ager-Hanssen’s dismissal.
The evidence I have seen makes me convinced that @Dr_CSWright is a great “reproduction painter” this means he has the ability to copy of another work of art and in this case Satoshi by carefully studying/analysing him. There is no creative process involved and what ever… pic.twitter.com/qL1e7EbSma
— Christen Ager-Hanssen (@agerhanssen) September 30, 2023
Unwavering Focus on Company Mission
Despite the controversy, the board remains steadfast in its commitment to nChain’s mission. They assured clients that the company is well-resourced and innovative, leading the way in global blockchain technology and Web3 development. The board emphasized that they are backed by globally renowned R&D experts and diligent employees, all focused on leveraging the company’s extensive intellectual property library for the benefit of various industries worldwide.
Independent Review of Ager-Hanssen’s Document
Separately, the board acknowledged receiving a document from Ager-Hanssen that outlines his purported concerns. While they do not agree with his assertions, they have authorized an independent external review of the document’s contents. This move indicates the board’s seriousness in fulfilling its regulatory responsibilities.
Sorry to disappoint my anti-fans. I haven’t gone anywhere, I’m still here consulting with Bitcoin companies including nChain. I decided it was not necessary to hold an official role with nChain as there are excellent operators there who are able to take it and I can work with…
— Dr Craig S Wright (@Dr_CSWright) September 30, 2023
No Further Comment Until Review Completion
The company has chosen to refrain from making any further comments until the independent review of Ager-Hanssen’s document is completed. This decision underscores the gravity with which the board is treating the situation, as well as their commitment to due process and transparency.
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Response by Christen Ager-Hanssen
When queried about nChain’s official response to his allegations, Christen Ager-Hanssen referred to his previous statements made on social media. He emphasized that the entire Group Management team had the fortitude to engage in whistleblowing without self-interest. Ager-Hanssen characterized the board’s subsequent actions as retaliatory measures aimed at intimidating individuals into silence.
He specifically said: “The whole Group Management had the courage to whistleblow without thinking about themselves. This was an important step and nChain board who is the accused hit back as revenge trying to scare people off.”
Next Steps
The press release by nChain’s board serves as an official response to the allegations made by their former CEO, Christen Ager-Hanssen. While the board expressed disappointment in his conduct, they also took steps to assure stakeholders of their unwavering commitment to the company’s mission and growth.
The authorization of an independent review of Ager-Hanssen’s document indicates a willingness to scrutinize the claims thoroughly, even as they disagree with his assertions. As the situation continues to unfold, the board’s actions will be closely watched for their impact on nChain’s reputation and future prospects.
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- Lucy Walker covers finance, health and beauty since 2014. She has been writing for various online publications.
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