OKEx CEO steps down to ‘start a new life’

On Monday May 14th, the Chief Executive Officer of OKEx Chris Lee has announced his resignation right before the firm was about to become the world’s largest cryptocurrency exchange. Chris Lee has apparently emailed his resignation stating that he wants to ‘start a new life’.

OKEx is a cryptocurrency trading platform based in Belize, which also offers payment wallets.

The spokesperson for Chris Lee has issued a separate statement on behalf of CEO himself mentioning that it was his greatest pleasure and honor to have worked with OKEx exchange. He had left office due to personal reasons. He did not explain in detail of his reason for resignation to the people, but he did mention that he was going to return to the Blockchain community.

The resignation of the CEO comes following a rough period for the firm, as there is unusual activity in its future markets but in the last 24 hours, OKEx is handling more than $2 billion of cryptocurrency trades. OKEx is the world’s most active crypto trading exchange which charges trading fees. The firm has recently overtaken Binance and is climbing up in the global ranking over the past few weeks.

There was also information that the trading volume was mostly fabricated by the engineers at OKEx, which subsequently makes it the biggest cryptocurrency exchange in the world. By the end of March, the markets forced staff to roll back some future contracts after many users had suddenly liquidated and millions of dollars had been lost.

Alistair Milne Entrepreneur and Investor have tweeted that:

“Or perhaps they are back to their old tricks”

Marshal Tom Cryptocurrency Trader has tweeted that:

“I would be concerned if the CEO knows something as in the ‘titanic’..”

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