IOTA Foundation Undergoes Overhaul After Founders Shut Out of Directors Board

Cointelegraph

Published Aug 10, 2018 01:30PM ET

Updated Aug 10, 2018 01:41PM ET

IOTA Foundation Undergoes Overhaul After Founders Shut Out of Directors Board

The IOTA Foundation released a public statement August 8 in order to quell fears of a major disagreement among senior management after a transcript of a discussion between the founders and the Board of Directors was leaked.

A statement seen by Cointelegraph explains that following a period of uncertainty over IOTA founders Serguei Popov and Sergey Ivancheglo’s access to the Foundation’s Board of Directors, a Memorandum of Understanding (MoU) would now allow them access.

Continue Reading on Coin Telegraph