IOTA co-founder Sergei Ivancigloo has sold all his tokens and announced that he will abandon the crypto market.

Where chirp “Sergei Ivanchiglo” last Thursday on Twitter, saying:

Today is my last day working on cryptocurrency.

I don’t own cryptocurrencies anymore including my project’s IOTA coins which is the best distributed logging technology to date.

In a recent statement by “Ask Me Anything” on the platform discord Evanchello said:

I sold the rest of my cryptocurrency to avoid conflicts of interest when working on existing projects.

Although the fourth decade of my life has been spent committed to developing distributed ledgers.

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This was written by “Evanciglo” in Blog Last summer he stated that he plans to spend the next decade building a global shared virtual reality VR.

Ivancigloo resigned from the IOTA board of directors last June, less than a year after joining it, but has since worked as an informal advisor to the project.

He wrote at the time:

I no longer believe that IOTA is the best environment for me to achieve what we set out in 2014 and 2015.

he added:

I’ve always done a better job in a less rigorous environment.

I look forward to independently continuing to work on hardware and software development at IOTA.

In addition, my use of freedom of expression has been repeatedly exploited in unfair attacks against the IOTA Foundation, which I am so tired of.

I represent myself and only myself when I express myself through personal means like Twitter.

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