Yuga Labs Co-Founder Steps Down From Everyday Operations Due To This Reason

Pratik Bhuyan
January 29, 2023 Updated July 19, 2025
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Yuga Labs, the creators of successful NFT collections like the Bored Ape Yacht Club, Mutant Ape Yacht Club and others has been in a sea of news lately. The most recent being from one of its co-founders Wylie Aronow, who tweeted about stepping down from the startup’s day-to-day operations.

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Yuga Labs Co-Founder Takes Leave

Wylie revealed on his Twitter account that he has been diagnosed with congestive heart failure and would be taking a leave of absence from the company. Although, he has confirmed that he would remain a board member and strategic advisor to Yuga Labs, he will be absent from the company’s frontline action scene.

Read More: Check Out The Top Crypto Telegram Channels Of 2023

The NFT entrepreneur stated that he had pushed himself well beyond his capabilities on the project, putting in back-to-back 12-hour days of labor in an effort to seize a second chance at life after spending the majority of his twenties suffering a severe disease. His departure comes after the value of NFTs have declined, alongside a general downward trend seen in the pricing of cryptocurrencies following the aftermath of the FTX and 3AC collapse.

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Wylie’s Growing Health Concerns

While speaking on his health issue, Wylie stated the condition was “progressing pretty fast” which meant — he needed more time to make serious changes in his present lifestyle. He went on to say that his symptoms were still relatively minor, but that climbing the stairs tires him out, and that he is unable to play with his dog or engage in his normal routine of exercise. Despite this, he is able to go for walks, go out for trips, and live a life that is essentially pretty normal.

Wylie was quoted as saying:

Symptoms started last year out of the blue and I put off seeking help (like an idiot) so I could keep working. But after testing, my doctor called and asked me to radically change my life.

In December, the NFT titan announced that Activision Blizzard’s COO Daniel Alegre would shortly be joining Yuga Labs as the company’s new CEO. Yuga Labs claims that Daniel offers a considerable amount of experience in a variety of fields, including gaming, community building, development of commercial partnerships, and that he is eager to get started right away.

Also Read: Top 5 Cryptos With Highest Development Activity

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Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

About Author
About Author
Pratik has been a crypto evangelist since 2016 & been through almost all that crypto has to offer. Be it the ICO boom, bear markets of 2018, Bitcoin halving to till now - he has seen it all.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.