According to Foresight News, Ahmad Shadid, founder and CEO of io.net, announced his resignation as CEO of io.net, effective immediately. Tory Green, co-founder and COO of io.net, will take over as CEO of io.net. Ahmad Shadid said, "Although some people have made accusations about my past, I want to emphasize that I am resigning as CEO in order to keep io.net moving forward. I am very grateful for the support and dedication of the team, partners and community. To express my gratitude, I will donate 1 million IO (personal tokens) to the io.net Internet of GPUs Foundation to help develop the ecosystem."