How is someone losing their key a "technical problem"? Is that hard to own up and put the actual reason in the summary? It's not like they have stockholders to placate.
we will adopt a 2-out-of-3 threshold mechanism for the management of private keys [1]
The trustee responsible has resigned so why weaken security going forward?
I would have thought cryptography experts losing keys would be pretty rare, like a fire at a Sea Parks.