Top Ten Bits:
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Unauthorized Political Donation: Directed nChain to donate £70,000 to the UK Tory party without shareholder authorization, potentially breaking section 366 of the Companies Act.
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Leaking Sensitive Documents: After his departure from nChain, he leaked documents implicating Calvin Ayre, nChain’s chief scientist, in a scheme to pocket up to 50% of Satoshi Nakamoto’s bitcoin that Craig Wright claimed to own.
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False Satoshi Nakamoto Support: nChain supported Craig Wright’s false claims of being Satoshi Nakamoto, damaging the firm’s credibility.
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Espionage Tactics: Known for using espionage tactics to gather information, such as concealing a microphone to collect information from Calvin Ayre’s aides.
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Undercover Infiltration: Attended opposition legal meetings undercover, wearing a microphone, to help a Swedish banking tycoon fight fraud charges.
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Hiring a Mossad Operative: Hired a former Mossad operative to pose as an Argentinian businessman to discredit crypto lawyer Kyle Roch.
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Targeting Legal Professionals: The hired Mossad operative’s actions led to Kyle Roch withdrawing from lawsuits against major crypto firms like Tether, Tron, and Bitfinex in 2022.
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Misleading Shareholders: Engaged in unauthorized activities that misled nChain shareholders and damaged the company's reputation.
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Manipulative Negotiations: Negotiated the development of the ‘True Blue’ app with senior Tory officials, proposing a potentially lucrative but ethically questionable revenue model.
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Internal Company Conflict: His actions and subsequent firing by nChain indicate significant internal conflict and governance issues within the company.
Christen Ager-Hanssen, the former CEO of nChain, made an unauthorized £70,000 donation to the UK Conservative Party, potentially violating company law by bypassing required shareholder approval. This act was part of his engagement with senior Tory officials to develop an app called "True Blue," which he discussed after meeting Prime Minister Rishi Sunak at a party event. The True Blue app was projected to significantly boost party revenues through donations and direct marketing of branded goods to members, but it was eventually shelved.
nChain discovered the donation post-Ager-Hanssen's dismissal in September 2023, confirming the lack of board or shareholder consent, thereby possibly breaching section 366 of the Companies Act, which mandates company member approval for such donations. In the wake of his departure from nChain, Ager-Hanssen leaked documents implicating Calvin Ayre, nChain's chief scientist, in a scheme to claim a substantial share of bitcoin, purportedly owned by Craig Wright, who falsely claimed to be Satoshi Nakamoto.
Furthermore, Ager-Hanssen is known for his use of espionage tactics, including secret recordings and employing a former Mossad operative to undermine opponents, highlighting his controversial methods in both business and legal disputes.