Zhou Hongyi clarifies: Yu Hong has never held a core management position at 360, and statements such as "financial fraud" are completely contrary to the facts.
Zhou Hongyi Clarifies: Yu Hong Has Never Served as a Core Executive at 360, Allegations of "Financial Fraud" Completely Contrary to Facts
BlockBeats news, on December 16, Zhou Hongyi, founder and chairman of 360 Group, issued a statement: Recently, Yu Hong has maliciously slandered Mr. Zhou Hongyi, founder of 360 Group, and several entrepreneurs in multiple WeChat groups, with extremely false and damaging remarks.
The statement pointed out that Yu Hong, who was mentioned, once served as the head of Gamewave, a gaming company that was acquired by Qihoo 360, the original US-listed entity of 360, more than ten years ago. Yu Hong joined a 360 subsidiary in 2014 and left in 2015 for personal reasons. During his tenure, he never held any core management position at 360 Group.
360 Group emphasized that the so-called allegations of "financial fraud" are seriously contrary to the facts. In response to these malicious defamatory acts, 360 Group stated that it will take legal action in accordance with the law to hold the relevant individuals accountable and resolutely safeguard the company's reputation and legal rights.
Earlier today, BlockBeats reported that former 360 executive and XMAX founder Yu Hong fiercely criticized 360 Group founder Zhou Hongyi late at night in his WeChat Moments and groups. He claimed that he helped Zhou Hongyi falsify accounts for at least several billions and still retains the data, which he will make public online. He stated that all of Zhou Hongyi's games have financial fraud and that knowing Zhou Hongyi was his biggest mistake, causing him to lose a lot of money.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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