OpSec chief exec Chris Williams has resigned “effective immediately,” simply two weeks after crypto sleuth ZachXBT uncovered the challenge as a rip-off.
Williams introduced his resignation by way of X on Thursday, and claims that your entire core staff has adopted him out the door. The previous CEO confirmed ZachXBT’s allegations, citing them as the explanation for his resignation.
“These revelations, coupled with the un-doxxed founder’s prolonged absence and sole control over the company’s finances, have several limited our ability to lead and execute our vision effectively.”
From early on there have been many pink flags in case you did fundamental due diligence so it’s clear all the influencers who promoted OPSEC seemed previous this.
Hold the names of influencers from these screenshots in thoughts and keep away from them for the remainder of this bull run. pic.twitter.com/pxTRL1Lm1g
— ZachXBT (@zachxbt) November 14, 2024
ZachXBT calling out the influencers paid to advertise OPSEC.
Williams continued to say that the staff had skilled extreme stress within the type of “payment delays, layoffs and [a] lack of clarity regarding OpSec’s direction.”
ZachXBT additionally reported that OpSec used two-year-old footage of a knowledge heart and claimed it as its personal infrastructure.
CEO resignation seemingly shocked remaining OpSec staff
Since William’s resignation, the OpSec X account has claimed that the challenge has not been deserted and that the core developer staff stays on board.
It mentioned, “We had hoped something like this would have been talked through internally first as a team to come to an agreement or resolution on the matter.”
We’re conscious of the assertion made by our former CEO and are internally assessing the scenario:
– We now have not deserted the challenge and don’t intend to by any means.
– Our plan was to launch an replace video to OneSec V2 showcasing a excessive finish product that pushes the boundaries…
— OpSec (@OpSecCloud) November 14, 2024
The corporate’s OPSEC token plummeted over 88% final July after the OpSec staff claimed a safety breach resulted within the theft of funds from its staking contact. A number of customers reportedly questioned this narrative, elevating the thought of a possible pump-and-dump scheme. OPSEC’s value by no means recovered.
Some customers are questioning Williams’ resignation, calling it a “planned exit,” and are demanding accountability.
An “ask me anything” X area will probably be hosted by Williams quickly, however he has but to resolve on a date.