Copper is launching an internal review after an event at which sushi was served to guests from the bodies of scantily clad models.
Copper is launching an internal review after apologizing for an event at which sushi was served to guests from the bodies of models reportedly wearing thin bodysuits.
"We did not get this right," the firm said in a statement. "We recognize that certain aspects of the event have caused offense and do not reflect Copper's corporate values. We will be conducting an internal review of the existing process for approving events and sponsorship arrangements and the value of such events to the company going forward."
Copper is a crypto custody firm chaired by former UK chancellor Lord Philip Hammond. Founded in 2018, its clients are primarily hedge funds, trading houses and institutional investors. It has yet to gain regulatory approval from the Financial Conduct Authority. The event was hosted at a five-star Mandrake hotel in London. The Financial Times reported earlier this week that the Copper-sponsored party was billed as allowing guests to "explore all five senses.""Clearly, the story is embarrassing and, taken in the context presented, is not in line with our values as a company," the firm said.Disclaimer: The Block is an independent media outlet that delivers news, research, and data.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Vizsla Copper: A Leader in Copper and Gold ExplorationVizsla Copper is positioning itself as a leader in the mineral exploration and development sector, with a focus on copper and gold. The Company's portfolio includes the Woodjam project and other copper exploration properties. With a commitment to responsible exploration and the green energy transition, Vizsla Copper aims to become a leader in the sustainable development of critical resources.
Read more »
Dem Touted Her Pro-Crypto Stance—Then Big Crypto Sent Her Campaign to the MoonJulie Johnson is running for Congress in a tough Texas primary. Lucky for her, she added pro-crypto language to her website and big crypto interests got behind her.
Read more »
Bitcoin & Bitcoin Cash Among Top Crypto Gainers as Crypto Prices Pump: What About Green Bitcoin?Crypto Blog
Read more »
Nigerian crypto fee hike invitation for crypto ‘big boys’ — NoOnes CEOYoussef said the increase is an invitation for the crypto “big boys” like Coinbase and other major companies to operate in the Nigerian market.
Read more »
SEC v. Ethereum: What to Expect and Why It Is Crucial to Crypto MarketThis round of crypto regulation could change way crypto industry works
Read more »
Crypto firm Ledger to launch iPod-inspired crypto wallet in May, after months of delaysThe product has reportedly faced production bottlenecks.
Read more »