According to ChainCatcher, Zhou Hongyi, founder and chairman of the 360 Group, issued a statement: Recently, Yu Hong maliciously slandered Mr. Zhou Hongyi, the founder of the 360 Group, and several entrepreneurs in multiple WeChat groups, making extremely false and severe remarks that have had a negative impact.
The statement pointed out that the mentioned Yu Hong once served as the head of Gamewave, a company that was acquired by Qihoo 360 over a decade ago. Yu Hong joined a subsidiary of 360 in 2014 and left in 2015 for personal reasons. During their tenure, they never held a core management position in the 360 Group.
The 360 Group emphasized that the allegations of 'financial fraud' seriously deviate from the facts. In response to the related malicious defamation, the 360 Group stated that it will take legal measures according to the law to hold the relevant individuals accountable and resolutely safeguard the company's reputation and legal rights.
According to previous news, former 360 executive and XMAX founder Yu Hong fiercely criticized 360 Group founder Zhou Hongyi in WeChat Moments and groups late at night. He claimed that helping Zhou Hongyi falsify accounts involved at least billions and retained data. He will make it publicly known across the internet. He stated that all of Zhou Hongyi's games are financially fraudulent. He also expressed that knowing Zhou Hongyi was the biggest mistake and that he was cheated out of a lot of money.
