Joe Ayoub, Co-Founder of Rug.AI, a Chain Security Platform, Will No Longer Be Involved in the Day-to-Day Operations of the Company Due to a Shareholding Dispute

July 31- Joe Ayoub, co-founder of Rug.AI, a security platform on the artificial intelligence chain, said in a post on X that he will no longer be involved in the day-to-day operations of the project. Ayoub revealed that he previously resigned from a leading global organization and founded Rug.AI a year ago with a friend he considered trustworthy, and that as of today he has no stake in the company, which is legally owned by his co-founders. But he has made it clear that Ayoub will need to take legal action to get a stake in the company, as he doesn't think the two ever agreed to share ownership. He added that he does not have any real control over the direction of Rug.AI and is therefore unable to act in the interests of users, investors and employees. For this reason, he is unable to remain involved in the day-to-day affairs of the company.