Robert Leshner announces the relinquishment of control in the LQR company power struggle.
Golden Finance reported that Compound founder Robert Leshner announced the abandonment of the control dispute over LQR company, stating that the continuous issuance of new shares by the company has diluted shareholder rights, resulting in his shares no longer having effective control. Leshner stated that he would not initiate a proxy or legal battle and plans to recommend community experts to LQR to help establish a Crypto Assets treasury. He emphasized that this matter highlights the opacity of traditional markets in tracking shares and believes that this is precisely the problem that encryption technology can solve.
- 7