Dec 28, 2020 09:07 GMTCrypto News
David Sønstebø wrote a post on Medium explaining his departure from the project.
IOTA needs to stay above $0.258 to avoid a sharp sell-off.
As FXStreet previously reported, the IOTA Foundation Board of Directors and Supervisory Board announced that David Sønstebø parted ways with the project as the rest of the members unanimously decided that it would be in the best interest of the project.
David stood at the origin of the project and developed its vision and ecosystem. However, according to the official announcement, David’s interests and the IOTA’s interests diverged significantly.
After over two weeks of silence, David Sønstebø clarified his relations with the IOTA Foundation in a lengthy Medium post, where he gave his side of the story. He explained:
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