Wylie Aronow, Yuga Labs creator, has stepped down from his role to recover from a major health diagnosis, he revealed in a tweet on Saturday.
The Bored Ape Yacht Club and CryptoPunks chief stated that doctors had diagnosed him with congestive heart failure, forcing him to step away from his position with Yuga Labs.
He stated that the symptoms had developed “last year out of the blue” and later intensified, causing the executive to prioritise his health and wellness.
He said in a statement: “I pushed myself way past my limits. I worked 12 hours a day, nearly every day. I should have taken the advice from everyone around me and sought balance. My goals now are to get the best medical treatment I can and heal.”
Aranow assured that he would remain a board member and strategic advisor to the firm. He added Daniel Alegre, former president and chief operating officer for Activision Blizzard, would join the company as its’ chief executive to manage operations.
The news comes after Aranow said in a recent statement that OpenSea’s stance on royalties has sparked a “race to the bottom in an attempt to gain market share.” Yuga Labs also aimed to change its position on creator and artist royalties amid the ongoing row with OpenSea, he added.
