Former 360 executive criticizes Zhou Hongyi late at night: suspected financial fraud, will be announced online
On December 16, according to community news, former 360 executive and XMAX founder Yu Hong fiercely criticized 360 Group founder Zhou Hongyi on WeChat Moments and in the community. He claimed to have helped Zhou Hongyi cook the books for at least several billion, and has evidence that will be published online. He stated that all of Zhou Hongyi's games are suspected of financial fraud, and that knowing Zhou Hongyi was a mistake that cost him a lot of money.
Yu Hong is a well-known figure in the internet and blockchain circles. He founded a gaming company in his early years, which he later sold to 360, and joined 360 as a senior vice president. He initiated the '3 o'clock Blockchain Group' during the Spring Festival of 2018, which still has hundreds of members, including Sequoia Capital's Shen Nanpeng, 360 Chairman Zhou Hongyi, Xue Manzi, and distributed capital partner Shen Bo, among others.