Jason Hughes, vice president of OCEAN Mining Pool, announced plans to liquidate his Bitcoin holdings and exit the cryptocurrency industry by October. This decision follows a controversial update by Bitcoin core developers to increase the default mempool relay transaction limit to 4MB, a change Hughes strongly opposed. In an open letter, Hughes expressed disillusionment with Bitcoin's current direction, stating that its foundational principles have eroded. Despite his departure from the crypto sector, Hughes has received multiple job offers from non-crypto industries.