CoinVoice has recently learned that io.net founder and CEO Ahmad Shadid announced on social media that he will resign as CEO of io.net, effective immediately.

Ahmad Shadid said: “io.net has grown into one of the fastest growing decentralized AI companies in the world. After careful consideration, I have decided that handing the CEO position to Tory Green of io.net is the best choice for the community and the project. Despite some allegations about my past, I want to emphasize that I am stepping down as CEO in order to allow io.net to move forward without distraction and focus on its growth and success.

I am deeply grateful for the support and dedication of our team, partners, and community to make io.net what it is today. As a token of my gratitude, I will be donating 1 million of my personal IO tokens to io.net’s GPU Internet Foundation to help grow the ecosystem.” [Original link]