a great time to short

According to PANews, former Avalanche Foundation director Omer announced on social media that he, along with board members Aytunç Yildizli and Vikram Nagrani, officially resigned from the foundation and its subsidiaries earlier this week. Aytunç ceased his executive functions on February 28, 2025, leaving the board in a state of uncertainty as they sought a path forward. Omer expressed that the decision to resign was not made lightly and was a painful necessity. He emphasized their passion, dedication, and commitment to Avalanche and its employees, acknowledging the hard work they have contributed to the ecosystem and community since joining the foundation. The collective resignation marks a challenging decision for the board members.