Highly recommend anyone interested in this topic and these claims to read through the following section of the recent FAQ the @Cardano-Foundation has posted here , I think it provides a more detailed and accurate account of what transpired in 2020-2021.
How was the current Cardano Foundation board elected? As already outlined in past AMAs, from 2020 onwards, the (previous) CF board had become somewhat dysfunctional. Following a challenging period, concerns were raised about the effective functioning of the organisation as a whole. Consequently, as is its statutory duty under Swiss law, the Swiss Foundation supervisor engaged an external legal firm to guide the Cardano Foundation into calmer waters in January 2021.
This legal firm facilitated the process for the selection of a new board. This was agreed by all involved to be the only path to a resolution of the conflicts in the outgoing board. The selection process was carried out by a head hunting firm who conducted interviews with the outgoing board members, as well as with IOG Leadership. The new and current president of the board was elected unanimously, including by the IOG board representative. Following this, two more board members were elected, again unanimously, with 1 abstention for 1 new member. The outgoing board, including the IOG representative, then voluntarily resigned as a group. Finally a fourth board member was appointed.
The Cardano Foundation continues to be committed to build a thriving ecosystem by driving forward our focus areas of adoption, education and operational resilience in an accountable and transparent manner.