😠 MakerDAO CTO departs, points to internal conflicts

Amidst price pegging issues with MakerDAO's ($MKR) DAI ($DAI) stablecoin, another executive has left the foundation. As published in a 24-page exit letter dated to the beginning of April, CTO Andy Millenius has left MakerDAO over tensions between founder Rune Christensen's business-like leadership style and ideals of equality and decentralization Millenius supported. The letter revealed significant internal issues between Maker executives which has spilled over into Reddit with ex-COO Matt Richards publishing his own take.