The official line is a mutual termination, but a source close to the deal says the final call was made by Bolt CEO Maju Kuruvilla, who was hired shortly before the original deal was announced, and that Bolt wasn't required to pay a termination fee.
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Payments company Bolt scraps $1.5b deal to buy crypto firm Wyre
“We will continue our existing commercial partnership with Wyre to pave the path of crypto integration into our ecosystem, bringing Wyre’s innovative crypto infrastructure to the world,” Bolt’s CEO Maju Kuruvilla said.
