Scoop: Larry Summers gives up advisory role at crypto firm DCG amid criticism
Harvard professor Larry Summers has wiped all mention of his advisory role at DCG following backlash for comments he made about FTX.
Cryptocurrency news by Protos · Protos
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Show Notes
Larry Summers, the Harvard professor and former top financial advisor during the Obama administration, has cut ties with troubled crypto conglomerate Digital Currency Group (DCG).
Summers joined DCG as a senior advisor in 2016, a year after DCG was formed. It’s not clear when Summers resigned his role -- through a spokesperson, Summers told Protos he left DCG several months ago.
However, the former US Secretary of the Treasury was listed on DCG’s website as a member of the company’s advisory board as recently as November. That information has since been removed from DCG’s website.
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