币界网报道：SelfChain CEO Miguel Morel has been dismissed following allegations of fraud and mismanagement, according to an official announcement by the decentralized identity-focused blockchain project. The board cited "serious breaches of trust" and financial irregularities as reasons for Morel's removal, though specific details were not disclosed. Interim leadership will oversee operations while the company conducts an internal investigation. SelfChain, which aims to provide secure identity solutions for Web3 applications, assured users that the platform remains operational and funds are secure. The project's native token, SELF, saw a 15% drop in value after the news broke. Community members expressed concerns over transparency, prompting the team to schedule an AMA session to address questions. Legal proceedings against Morel are reportedly under consideration.