Tai-yuan Chen, often known as Popo Chen, has “ceased to take part” within the agency resulting from “private and investor disputes,” the announcement says.
Particularly, Cobinhood wrote that their workforce needed to file a police report resulting from Chen’s emotional instability and private behaviors that triggered security issues for the alternate’s staff.
Whereas the alternate has not specified the character of Chen’s alleged private behaviors and its affect on the workforce, Cobinhood nonetheless famous that it’s going to proceed with its operations as per standard.
Following the announcement, Cobinhood workforce stated it will acquire consumer suggestions and questions on the matter, claiming that they’re going to present a Q&A session on Wednesday at 8:00 p.m. Taiwan time.
Other than co-founding Cobinhood in July 2017, Chen additionally co-founded the Dexon Basis (DEXON) crypto companies platform in January 2018, in line with his LinkedIn profile.
In September 2017, Cobinhood announced an preliminary coin providing (ICO) touted because the “world’s first” zero-fee, high-frequency cryptocurrency alternate. By October 2017, the agency efficiently raised $10 million value of ether (ETH).