On July 31st, Jake, another co-founder of the artificial intelligence on-chain security platform Rug.AI, responded to the "partner Joe Ayoub withdrew due to an equity dispute", saying: "Joe and I are indeed involved in a legal dispute related to Rug.AI. So far, this has been a private matter between me and Joe, but today Joe decided to make this dispute public. I hope our differences can be resolved amicably, even if Joe has taken such actions." Jake added: "Neither I nor anyone else on the Rug.AI team has access to Rug.AI X account at this time and has not had access since April 10, 2024.... I deny any allegations of wrongdoing that Joe has made against me, and at the same time, I take note of Joe's statement that he will no longer be involved in the day-to-day work of the company, at his own discretion. What I can say is that the team and I have been working hard and will continue to work hard to develop Rug.AI." Previously, Rug.AI co-founder Joe Ayoub said in an article on X that due to the equity dispute with Jake, he will no longer participate in the daily operation of the project, but will take legal procedures to obtain the company's equity.