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Bastion presses SkyAI board over $201M buyback paying insider-linked advisor

Bastion presses SkyAI board over $201M buyback paying insider-linked advisor

Photo: Cryptopolitan

Bastion Trading demanded on October 21 that SkyAI’s (Nasdaq: SKYA) executive chairman and three directors explain why they liquidated SkyAI’s entire Solana (SOL) treasury. The fund is also asking why they signed off on a $201 million buyback, considering that up to $11.9 million of it could go to one of their director’s brothers. Why...

Source: Cryptopolitan

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