"This decision was reached after extensive individual therapy on my part and couples therapy together," Knabenbauer wrote.
"Heidi's privacy, mental wellbeing and discretion has always been and will remain my highest priority through all of this."
He also warned his loyal followers that they may read "rumours, speculation and gossip" about him in the coming days but not to take them seriously.
But the YouTube star's wife didn't take the news well, setting the record straight with her 84,000 Twitter followers about her husband's alleged transgressions which included gaslighting, abuse, infidelity and alleged sexual inappropriateness with female fans.
CHEATING CLAIMS
In more than 43 highly publicised tweets, Ms O'Ferrall outed her estranged husband for allegedly cheating on her with Holly Conrad, a self-proclaimed "pigeon fancier" and "medievalist".
The pair regularly work together at different gaming industry events.
Since the scandal has erupted online, Holly has changed her Instagram account to private.
Ms O'Ferrall said the pair had been texting each other explicit images and arranging times to meet over a period of months last year.
She said the "brutal betrayal" had cost her the love of her life.
SHOCKED BY PROJARED'S STATEMENT
She said Knabenbauer's announcement was "not a mutual statement in any way" and proceeded to paint a very different picture of her famous husband, which has since gone viral.
"I'm honestly shocked that he posted this today because it's so blatantly selfish," Ms O'Ferrall wrote.
Knabenbauer allegedly broke up with his wife in February, claiming he had "tried to make things work".
"I have spent the last year in near isolation, ostracised from Jared's friend group because he made it clear to me that I was not welcome around them even when we were 'still together'," she said.
"He had to keep me separate to keep up his lies."
Ms O'Ferrall said she decided to go public because "this is my story too, this is what I lived through".
"He feels entitled to silence me. He thinks it's his right to keep his infidelity a secret, as though his reputation outweighs my trauma," she said.
"I don't need anyone's permission to share my own experience."
ABUSE ALLEGATIONS
Ms O'Ferrall alleged her husband had "absolute financial and social control over me" during the five years of their marriage.
"I have been powerless by comparison. I couldn't even move out without him consigning my lease," she claimed.
"I couldn't even get away when he didn't want me anymore.
"I want nothing more in life but to escape my cheating husband and the reach of his social influence."
NUDE PHOTO ALLEGATIONS
Ms O'Ferrall said she was also aware that her husband was requesting nude photographs from his fans over a period of years.
"I was there. In the beginning, it was a joke …" she said.
"Then it was its own tumblr account just for nudes. It was ostensibly a body-positive space for consenting adults, and I approved on that basis."
She said she believed her husband's actions were to encourage people to share their nudes as "consenting adults", but this allegedly turned into something else entirely.
She thought her husband had shut down the account in 2017 but she soon received information contrary to this.
A ProJared fan, called Danielle, contacted Ms O'Ferrall this week saying she had been sent nude photographs by her husband as early as February this year.
GASLIGHTING CLAIMS
Ms O'Ferrall alleged her husband gaslighted her for months, saying she was crazy to question his loyalty to their marriage.
"Jared tried very, very hard to make me feel responsible for everything that's gone wrong in our relationships," she claimed.
According to Heidi, she gave Knabenbauer the opportunity to "make a statement about his infidelity before I did", which he declined.
"I told him it would be less embarrassing for him if he was honest with his own friends first."
She has since been blocked by Knabenbauer online.
The YouTube star, or his alleged mistress, have not publicly addressed Ms O'Ferrall's claims since she posted them.