Crypto World News reports that a family feud has erupted at Swiss private bank Banque Syz SA in Geneva, according to Bloomberg. Founder Eric Syz’s son, Marc Syz, has left the bank along with business partner Richard Byworth, due to fundamental disagreements over the bank’s cryptocurrency strategy.
Previously, Marc Syz led Banque Syz’s alternative assets division, Syz Capital, and planned to incorporate Bitcoin treasury company Future Holdings AG into the division. However, this plan was not approved by his father, Eric Syz.
After leaving, Marc Syz and Richard Byworth are now pushing forward with a dual listing plan for Future Holdings AG. Marc Syz stated that Future Holdings will become the largest Bitcoin treasury company in Europe.
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