Chris Lee, the former CEO of the cryptocurrency exchange OKEx, which is based in Hong Kong, announced that it is joining rival exchange Huobi as Vice President for development.
According to a report published Huobi on Monday Lee will head merger and acquisitions and will work on the expansion of exchanges in other countries.
I really believe in blockchain technology and believe that cryptocurrency exchanges are the heart of the industry.
Recall that just a week ago, Li announced his resignation from OKEx as Director General of the platform, without any clear explanation as to what has caused a lot of speculation.
Lee worked in OKEx in 2015, after the founder of OKCoin, star Xu left post. In my post on WeChat If summed up his experience in OKCoin follows:
For my former employer I did everything I could … the First generation of top management OKCoin had long been working in the company. How many of the second generation still works there? How many people changed to the position of CTO for the last three or four years?
Recall that shortly before the resignation of Lee, some investors accused OKEx that the exchange’s management manipulated the bitcoin pusername that were available for trading on the exchange. However, the exchange’s management rejected the accusations.