Ahmad Shadid’s Departure as io.net CEO Is Not Because of Previous Allegations

Ahmad Shadid, the founder of the decentralized physical infrastructure network protocol io.net, has announced that he is stepping down as CEO “effective immediately.”

He added that the current Chief Operating Officer, Tory Green, will assume the role of CEO, stating, “While there have been allegations regarding my past, I want to emphasize that I am stepping down as CEO to allow io.net to move forward without distraction and to focus on its growth and success.”has grown to be one of the fastest growing decentralized AI companies in the world.

Green also assured stakeholders that the company’s operations had been smoothly transitioned under his oversight and mentioned that more details regarding the leadership team changes would be shared in the coming days.on Binance’s Launchpool on June 11 at 12:00 am UTC, with an initial release of 95,000,000 tokens and a total supply capped at 800,000,000 tokens.

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