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Stock impact report

Ex-Crypto CEO Caught Up in Partying Claims at Bitcoin Conference [BNN Bloomberg (Canada)]

Robinhood Markets, Inc. - Class A (HOOD) 
Company Research Source: BNN Bloomberg
relationship with a 19-year-old intern at a Bitcoin conference last year as part of a lawsuit filed by a former colleague. Phillip Gillespie, 40, the former co-chief executive officer of B2C2, was accused of excessive drinking, taking cocaine and hallucinogens, as well as giving the drugs to others, including the intern. The allegations surfaced in a Sept. 1 lawsuit in New Jersey against B2C2 by its former global head of options trading, Bradley Nagela, who said he was fired in retaliation for raising concerns about Gillespie's behavior. Gillespie, who stepped down as B2C2 CEO last November, said the allegations are “pure hearsay” and that Nagela wasn't “in attendance at the conference in question.” “Brad Nagela and I have never once met in person and our interaction was limited to a few calls,” Gillespie, who wasn't sued as part of the lawsuit, said in an email to Bloomberg News. The lawsuit offers a rare glimpse into personnel disputes in the crypto industry, which is still Show less Read more
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