OpSec's core team resigned collectively, and CEO said the project founder had been absent for a long time and had exclusive financial power
On November 14, Chris Williams, CEO of the cryptographic security project OpSec, announced that he would resign immediately, and the entire core team would also leave. Chris Williams said in a statement that the decision was based on the findings of crypto analyst ZachXBT and the team's internal evaluation. It is reported that the anonymous founder has been absent for a long time and has sole control of the company's finances, resulting in the team being unable to effectively carry out operations. Although the project once reached a record high of US$300 million in market value, as the market environment changed, the development progress slowed down, the cooperative relationship stalled, and some core team members were forced to leave due to salary issues. Chris Williams emphasized that although the project generated considerable revenue, the lack of transparency and sufficient support prevented the team from achieving the set goals. ZachXBT said on social media that there were many risk signals in the early stages of the project and advised investors to stay away from relevant project promoters during this bull market.
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