The IOTA Foundation Board of Directors and Supervisory Board announce that the Foundation has officially parted ways with David Sønstebø. This comes after a unanimous decision, made by the Supervisory Board in the best interest of IOTA and its ecosystem.
The Iota board has kicked out its founder, David Sønstebø, as his interests have “diverged significantly” from the project. The former head of the blockchain company was also criticized for insulting supporters on social media.