News

The resigned CEO of crypto exchange OKEx has joined rival exchange Huobi

Chris Lee, the outgoing CEO of crypto exchange OKEx has joined rival exchange Huobi just days after resigning from his former post.

Chris Lee left his roles as CEO of OKEx and CFO of parent operator OkCoin on May 14, reportedly to «start a new life». Lee is now joining Huobi as Board Secretary and VP of International Business Development, effective May 18.

Lee will also support Huobi’s global business development, as well as Huobi’s management and financing strategies. According to Huobi CEO Leon Li, Lee’s OKEx resignation and move to Huobi were agreed at the same time.

OKEx has recently outstripped rival crypto exchanges Binance and Huobi to become the world’s largest crypto exchange by trading volume.

Huobi has recently launched a South Korean subsidiary, as well as revealing plans to open an office in London.