THELOGICALINDIAN - Cryptocurrency industry commentators accept reacted cautiously to account the CEO of Hong Kong barter OKEx abruptly stepped bottomward May 14
As Bloomberg reports citation both an emailed account and clandestine account from Chris Lee’s spokeswoman, the controlling aback larboard his column in adjustment to “start a new life.”
It was his “greatest amusement and honour” to assignment with the exchange, his backer reportedly quoted Lee as saying.
The account comes afterward a adverse aeon in OKEx’s history. At the end of March, abnormal action in its futures markets affected agents to roll aback futures contracts afterwards it emerged abounding had aback asleep and a ample cardinal of users had absent millions of dollars.
One banker alike came to the exchange’s arch appointment and threatened to accomplish suicide with adulteration in an adventure which became broadly appear in the press.
Prior to that, OKEx had acquainted burden from aegis threats, but aftermost ages nonetheless succeeded in relocating to Malta, artful apple aggregate baton Binance.
Responding to Lee’s departure, however, abstracts on amusing media were skeptical, actualization to accept adopted a air-conditioned attitude appear the exchange’s providence.
Entrepreneur and broker Alistair Milne tweeted that adverse to Bloomberg’s affirmation OKEx had become the bazaar baton – a actuality others accept back questioned – the barter was “up to its old tricks.”
While Milne did not accord capacity as to which specific “tricks” he was apropos to, the criticism appears to advertence allegations stretching aback to 2014 back OKEx still traded alone as Chinese-based OKCoin.
Under the administration of CEO Star Xu, a altercation arose which saw claims OKCoin was advisedly inflating its barter volumes application bots.
Binance architect and CEO Zhao Changpeng, who ahead formed at OKCoin as its CTO, additionally came beneath the spotlight afterwards it was claimed he artificial a arrangement at the centermost of addition aspect of the altercation involving Bitcoin.com buyer Roger Ver.
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