The Fantom Foundation, a major blockchain platform, has publicly addressed rumors of Andre Cronjé's departure from the company . The statement was released through their official Twitter account on Sunday, February 28, 2021.

In the statement, the Foundation explained that the speculation about Cronjé’s departure arose from inaccurate information that was floating around the crypto-sphere. The Foundation clarified that Cronjé is still actively involved with both the Fantom Foundation and its partner organizations.

Cronjé is Still An Active Member of Fantom

The Foundation further clarified that it has never announced an official employment contract with Cronjé, or any other members of their team. Instead, they are formal partners that work together in an advisory capacity. The Foundation stated that they will continue on their mission knowing of the immense value that their team has to offer.

Fantom Hopes To Regain Confidences of its Supporters

The Foundation ended the statement by again reiterating its intention to continue working with Cronjé and its other distinguished partners. It stated that it hopes to regain the confidence of its supporters, as well as the broader crypto community.

In addition, Fantom Foundation stated that it is continuously exploring emerging technologies and resources, to remain at the forefront of innovative progress.

They Are striving to Remain Innovative and Not Let Such Speculations Derail Progress

The statement was received with widespread support from the crypto community, many of whom believe that the Foundation is taking a proactive approach and aiming to stay ahead of the market.

The statement also served to quell doubts and worries among investors who may have been worried about the implications of Cronjé’s departure on the project.

The Foundation believes in the importance of transparency and, in this case, has decided to come forward to address the situation, enabling decisions to be made based on accurate information.

Ultimately, the Foundation is striving to remain innovative and not let such speculations derail its progress.