OKEx former chief to join Huobi
Former OKEx head Chris Lee will join Huobi, the direct rival of the organization he headed. As the cryptocurrency-related media tells, the resignation from OKEx happened 7 days ago.
I've officially joined Huobi group as secretary of the board of Directors & Vice president of International business development
— Chris Lee (@ChrisLEE_Crypto) May 21, 2018
With e combination of #Huobi expertise with industry leading marketing & operational abilities, we WILL be biggest in the entire industry! @Huobi_Pro
Chris Lee tells he had done everything he could for OKEx and that the company’s personnel turnover could explain his decision well. If he is correct, the first generation of managers of OKCoin (parent company of the exchange) has completely left the organization, while there are mere remnants of the second.
In Huobi, Chris Lee will oversee the international relations with states and other companies - this includes responsibility for mergers and acquisitions. The situation cannot be called anomalous, as it has been seen in the world of fiat assets and firms multiple times.
Chris Lee is not connected to the Lee brothers - Charlie Lee, creator of Litecoin, and his elder brother Bobby Lee, BTCC platform founder.
OKEx has been seen in a strange incident connected with its own Bitcoin futures: their price has suspiciously fallen down. Speculations have mounted about the potential benefit of the management, but the special corporate announcement on the matter directly denies the allegation.