The Board Of Directors And The President Of Tezos Foundation Changed

The Board Of Directors And The President Of Tezos Foundation Changed

Two members of the board of the Tezos Foundation, including its president, Johann Gevers, voluntarily resigned.

They will be replaced by a member of the Tezos community, Ryan Jesperson, who will assume the presidency in place of Gevers, and scientist Michel Mauny.

To best serve the interests of the Tezos project, Johannes Gevers and Diego Olivier Fernandez Pons voluntarily offered to leave the Foundation Council. They are committed to the success of the Tezos project and will continue to support its development towards a bright future. We thank both of them for their work.

- the Tezos Foundation said in a statement.

In October, after one of the record in 2017 for attracted funds ($ 232 million), the ICO in Tezos project broke out the internal conflict. The founders of the start-up Tezos Arthur and Kathleen Breitman, controlling the source code, spoke out against the president of the Tezos Gevers fund, which controls the collected funds.

Because of the conflict, the implementation of the project has stalled - the parties predictably accused each other of this. In November, investors began filing lawsuits, both against the Tezos project and against the Brightman company - Dynamic Ledger Solutions.

In December, Tezos Foundation Board member Guido Schmitz-Krummacher resigned, later blaming Breitman for the project's problems. In January, he was replaced by Lars Haussmann.

As stated in the statement of the Tezos Foundation, now the updated board of directors of the fund is preparing to help in the timely launch of the Tezos network. Earlier this week, Kathleen Breitman said that they are hoping to release tokens "in the coming weeks."

Information Source: NewsBTC