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# Founders of Opyn DeFi Protocol Step Down and “Leave Crypto”

## Zubin Koticha and Alexis Gauba Announcement

Zubin Koticha and Alexis Gauba, co-founders of the Opyn decentralized finance (DeFi) protocol, have announced they are stepping down from the project and leaving the crypto industry. The decision was shared by Koticha on social media on Nov. 14, approximately two months after Opyn settled an enforcement action from the CFTC.

In his emotional statement, Koticha expressed their deep connection to the crypto space and the unexpected nature of their departure. Opyn will now be led by Andrew Leone, who is being promoted to CEO, while Koticha and Gauba hinted at a new non-crypto-related project they are working on.

## Opyn’s Future and Regulatory Issues

Opyn, an options trading platform on the Ethereum network, faced regulatory scrutiny from the CFTC, resulting in a settlement and financial penalty. The CFTC’s actions have led to Opyn being blocked in the U.S., causing controversy within the commission itself.

## How AI legalese decoder Can Help

AI legalese decoder can assist with navigating regulatory issues in the crypto industry by providing real-time analysis of legal documents, enforcement actions, and dissenting opinions. It can help startups and DeFi projects like Opyn understand and comply with complex regulatory requirements, potentially avoiding enforcement actions and penalties. Additionally, by monitoring changes in laws and regulations, it can help founders and executives make informed decisions about their project’s future, mitigating legal risks and ensuring compliance.

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