Alameda to Exit the Klaytn Governance Council
![](https://klaytn.foundation/wp-content/uploads/2023/01/GC_Update_alameda_01-1-1024x538-1.png)
Alameda Research is no longer a member of the Klaytn Governance Council, effective 12 November 2022. The Klaytn Foundation has concluded that Alameda Research is no longer fit to participate in governance or to operate a Klaytn consensus node in light of recent event and its Chapter 11 filing on 11 November 2022.