CoinVoice has learned that Zhou Hongyi, the founder and chairman of the 360 Group, issued a statement: Recently, Yu Hong maliciously defamed Mr. Zhou Hongyi, the founder of the 360 Group, and several entrepreneurs in multiple WeChat groups, with extreme and false remarks that had a serious negative impact.
The statement pointed out that the mentioned Yu Hong previously served as the head of Gamewave, a gaming company that was acquired by Qihoo 360, the original U.S. listed entity of 360, more than a decade ago. Yu Hong joined a subsidiary of 360 in 2014 and left for personal reasons in 2015, and during their tenure, they never held a core management position in the 360 Group.
The 360 Group emphasizes that the allegations of "financial fraud" and others are a serious deviation from the facts. In response to the related malicious defamation, the 360 Group stated that it will take legal measures in accordance with the law to hold the relevant personnel legally accountable, and will resolutely safeguard the company's reputation and legal rights.
It has been recently reported that former 360 executive and XMAX founder Yu Hong harshly criticized 360 Group founder Zhou Hongyi late at night on WeChat Moments and in community groups. He claimed that helping Zhou Hongyi to cook the books involved at least tens of billions, and that he still has the data. He will publish it online. He stated that all of Zhou Hongyi's games are financially fraudulent. He also said that knowing Zhou Hongyi was the biggest mistake and that he lost a lot of money because of him.[Original link]