Just after his assets were frozen, and two months after resigning as CEO, LeEco chairman Jia Yueting has resigned from his position at the financially troubled and publicly traded half of the company. This latest news is almost assuredly connected to LeEco's ongoing financial problems. There is no word yet on how this might affect the privately owned phone manufacturing arm of the company.
The structure of LeEco is a terribly complicated arrangement.
Read MoreFormer CEO Jia Yueting resigns as chairman of LeEco's public unit was written by the awesome team at Android Police.
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