Atom Accelerator co-founder fired, multiple executives announce resignation

2024-10-08 12:57:33

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ChainCatcher news, according to DL News, Youssef Amrani, co-founder and general manager of Atom Accelerator DAO, was dismissed last week, with the core issue of controversy being the planned performance bonuses. On September 25, the employees of Atom Cooperative unanimously voted to remove general manager Youssef Amrani, with September 30 being his last day in the organization.

Atom Accelerator co-founder Ryan Orr refused to continue leading the organization and suggested either dissolving it or finding someone "willing to drive the community update plan" to take over. Communications head Syed Choudhury stated he would leave by the end of this year, and CFO Patricia Mizuki also announced her departure.

It is reported that Atom Accelerator has distributed millions of dollars in funding to support the Cosmos cryptocurrency, and the organization was founded by Amrani and Orr in 2023, with a small number of employees mostly funded by Cosmos Hub.

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