Inside transfer wipes out $1M executive debt as crypto firm offloads payments business without independent valuation
RocketFuel Blockchain transferred considerably all belongings utilized in its payments business to RPay, whose sole director and CEO, Peter M. Jensen, additionally serves as a RocketFuel director and executive officer. The related-person deal closed Aug. 13 and was disclosed in an Aug. 21 regulatory filing. RocketFuel stated the assets used primarily in payments included mental…
