"In an effort to maximize uptake and engagement for my VC masters, I deliberately added several hidden mechanisms to the software that violated security and privacy practices and laws, and then I lied about them. When I got caught, I denied, deflected, and finally blamed it all on innocent mistakes. This happened multiple times, establishing a pattern that left no doubt that my actions were premeditated. In order to right this ship and give our customers, employees, and shareholders confidence in the company's future, I hereby resign, effective immediately."

That's what he could have said.