OpSec core team resigned collectively, CEO said the project founder had been absent for a long time and had monopolized financial power

On November 14th, Cryptography Security Project OpSec CEO Chris Williams announced his immediate resignation, and the entire core team will also resign. Chris Williams stated in the statement that this decision was based on the investigation results of encryption analyst ZachXBT and internal evaluations within the team.

It is reported that the anonymous founder has long been absent and solely controls the company's finances, which has led to the team's inability to effectively operate. Although the project reached a historical high market value of 300 million US dollars, as the market environment changed, development progress slowed down, cooperation relationships stagnated, and some core team members were forced to resign due to salary issues.

Chris Williams emphasized that although the project's revenue is considerable, the lack of transparency and sufficient support has hindered the team from achieving its established goals. ZachXBT stated on social media that there were many risk signals in the early stages of the project and advised investors to stay away from promoters of related projects in this round of bull market.