According to TechFlow, on November 14, Chris Williams, CEO of crypto security project OpSec, announced his immediate resignation, and the entire core team will also leave. Chris Williams said in a statement that this decision was based on the findings of crypto analyst ZachXBT and the team's internal assessment.
It is reported that the anonymous founder was absent for a long time and controlled the company's finances alone, which made it impossible for the team to effectively operate. 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 partnership stagnated, and some core team members were forced to leave due to salary issues.
Chris Williams stressed that although the project has considerable revenue, the lack of transparency and sufficient support has hindered the team from achieving its goals. ZachXBT said on social media that there were many risk signals in the early stage of the project, and advised investors to stay away from the promoters of related projects in this bull market.