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Robert Leshner announces the relinquishment of control in the LQR company power struggle.
Golden Finance reported that Compound founder Robert Leshner announced that he would give up the power struggle for control of LQR company, stating that the company's continuous issuance of new shares diluted shareholder rights, leading to his shares no longer having effective control. Leshner stated that he would not initiate a proxy or legal battle and planned to recommend community experts to LQR to help establish a Crypto Assets vault. He emphasized that this matter highlights the lack of transparency in traditional markets regarding share tracking and believes this is exactly the problem that encryption technology can solve.