Tech Circle Big News: Fake Accounts Worth Billions

On the afternoon of December 16, it was reported that Yu Hong, a former senior vice president of 360 and a core founder of the Three O'Clock Community, launched an "attack" on Zhou Hongyi in WeChat Moments and various group chats.

In the group chat, Yu Hong stated: "I helped Zhou Hongyi create fake accounts worth at least billions; I have the data. I will publish it all over the internet, all his games have financial fraud." Yu Hong emphasized in the group that he had not been hacked.

According to public information, after the acquisition of Qiyou Group by 360 in 2014, Yu Hong joined 360 and served as a senior vice president, co-managing 360's gaming business with Chen Jie. During his time at 360, he participated in the incubation of projects such as Huajiao Live and played a role in the Sogou acquisition case.