In the latest IOTA news, the IOTA Foundation has just received some bad press as a heated discussion between the founders of the project and their board of directors was leaked to the press. Sergey Ivancheglo, co-founder of IOTA, started out the chat-log by stating that he doesn’t have any confidence in his partner Dominik Schiener.

You can see how it all unfolds in the leaked chat above. “I inform everyone that I [no] longer trust Dominik Schiener and I think he should quit the IOTA Foundation for the better future of IOTA,” Ivancheglo said to start off the chat.

It remains unclear why the co-founder expressed his concern for his partner, and it does not say further in the chat-log transcript. However, the rest of the log goes into long detail about how Ivancheglo plans on removing Schiener from the project.

Shiener responded and said that he would not be going down without a fight. “Good luck,” Sheiner commented in the leaked chats.

“IOTA AS will have some serious legal issues with the advisor tokens and the impending tax audit. I am done with this. Read more from cryptocurrencynews.com…

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