I wrote an article about the Foundation's need to clean up it's act and refocus it's efforts. Mark Karpeles is the second of two Foundation board members forced to resign for misbehavior in less than a month. To put this number in perspective, there are now only 5 board members remaining today.
Board member behaviors leading to these resignations give a black eye to the Foundation, the currency, and our community. It also cripples the Foundation’s role to enhance acceptance of Bitcoin, as stated in “Why We Need A Foundation,” (
https://bitcoinfoundation.org/about/why):
“We see this foundation as critical for bringing legitimacy to the Bitcoin currency. Only then can we increase its adoption and positive impact on the world’s finance.”
If anything, the Foundation, through failing to properly select honest representatives and to act quickly when those representative’s actions became suspect, is guilty of the very reputation damage they seek to overcome.
If you're interested in reading more, go to
http://bitjuice.com/2014/02/25/bitcoin-foundation-needs-to-refocus