OKEx CEO Quits To ‘Start New Life’ As Exchange Overtakes Binance As World’s Largest
Malta-based cryptocurrency exchange OKEx sparked criticism May 14 as its CEO resigned. The move comes the same week the exchange’s trade volumes reportedly overtook those of market leader Binance.
As Bloomberg reports today, quoting two statements from the exchange, OKEx CEO Chris Lee left his position in order to “start a new life.”
According to an unnamed spokeswoman, Lee said it was the “greatest pleasure and an honor” to have worked at the exchange.
The event coincided with news that OKEx turnover had reached over $2 bln in trades in the past 24 hours, outpacing that of Binance, which had been the world’s largest exchange since January this year.
Reactions from cryptocurrency figures and social media commentators were skeptical, however, as OKEx’s parent operator OkCoin had previously been embroiled in scandal over allegedly fake trading volume.
By William Suberg
https://cointelegraph.com/news/okex-ceo-quits-to-start-new-life-as-exchange-overtakes-binance-as-worlds-largest
Topic: OKEx CEO Quits (Read 116 times)
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