You know that feeling when you realize you ate something off, your guts are churning, and you know your digestive tract is about to open up and purge from both ends ... that's where Iota was a couple of days ago after the leaked conversation, the market digested the news, and some weak hands have now dumped from both ends, and the price is in the toilet, relatively speaking.

Once the news is fully digested the market will recover, some people lost confidence in the current setup and dumped, others will soon see an opportunity to get in cheap. Just the usual churning of ownership, the tech fundamentals are still the same, and as long as the business partners don't lose confidence in the foundation things will blow over soon, and we end up with CfB and Popov on the board, and maybe Dom waits a little while and exits gracefully  with a huge stash of Iota and buys a yacht and retires at 22.

Maybe CfB and Dom make up, but if one of them leaves it'll obviously be Dom, and he probably gets replaced by a seasoned corporate veteran who ticks all the boxes for Bosch and VW, so not a bad result.