Ethereum Foundation researcher Justin Drake has announced that he is resigning from the Eigen Foundation, which oversees the development of the Eigenlayer retaking protocol. Drake announced that he will be stepping down from his Eigen Foundation advisory position and the Ultra Sound team in September 2024. In a public statement to the Ethereum community, he stated that he will be stepping down from all advisory, angel investment, and security council roles going forward.

Drake, who accepted a paid advisory position with the Eigen Foundation in May 2024, faced a huge controversy and accusations of conflict of interest within the community after this decision. This incident led the Ethereum Foundation to create a conflict of interest policy.

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