Aptos Labs Co-Founder Steps Down, APT Plunges 12.4%

TL;DR Mo Shaikh, co-founder of Aptos Labs, resigns as CEO but will continue as the company’s strategic advisor. The CEO position will be taken over by Avery Ching, co-founder and CTO of APT, to lead the company’s next phase of growth. After Shaikh’s departure, the APT token experienced a 12.4% drop, reaching $10.75, in a ... source: https://crypto-economy.com/aptos-labs-co-founder-steps-down-apt-plunges-12-4/