He is at retirement age and a zillionaire. So he is going to start cashing and he is no longer required to report the sale of the stock. He is going to liquidate.

Whether he can do that might be determined by any divorce proceedings, I guess.

He's not going to be left with zero from the divorce proceedings.

The criminal ones might, though.

Also, there are signs that the bubble is weakening. Probably a good time to leave that specific game.

Pushing the sale of the chips into circular ecosystem was a sign that it was topping too.

I know. But the legacy story looks pretty bad at this point. He's been running it for decades.

Gates did it too and they still think he is guru which he never was by the way; all of them are into this stuff when the hit their 50s feeling left out of the game while accumulating zillions.

I'm not sure he decided to resign. "X has decided to step down" is often PR speak for "X was forced to step down".

Both of these scandals individually are usually pretty rough to weather, together they were essentially guaranteed to have him forced out by the board. He's choosing to resign the same way a cop under investigation resigns to avoid more public consequences and to hope to sneak away to a new job.

Can't help but wonder if he is also getting out while the getting is good.