Yuga Labs: ApeCo Head Leaves Office, ApeChain Core Technology and BD Teams Switch to Direct Collaboration

Comparing news, Yuga Labs CEO Michael Figge posted on the X platform that the team will make some adjustments to ApeCoin. Yuga Labs and ApeCo previously adopted a parallel coordination model due to unclear regulations, which led to low efficiency. As the regulatory environment changed, the team decided to simplify the structure and eliminate the independent ApeCo lead role. ApeChain's head, Cam, will leave, ApeChain's core technology and BD teams will work directly with Yuga Labs, and some other members will leave, and the transition will be completed on June 5.