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LBank Celebrates Ninth Anniversary, Eric He Steps Down

Sep 9, 2024
  1. Eric He's Departure
  2. Innovations at LBank
  3. Future of the Cryptocurrency Platform

LBank, one of the world's leading cryptocurrency trading platforms, is celebrating its ninth anniversary amidst significant changes. Co-founder and chairman Eric He has announced his decision to step down, sparking widespread discussion within the crypto community.

Eric He's Departure

In a candid interview, Eric opened up about the controversies surrounding his departure and revealed how internal conflicts, including a public spat with an intern, brought long-standing issues to the surface. However, instead of dwelling on the negatives, he emphasized how these challenges have inspired positive transformations at LBank.

The recent situation revealed the need for cultural shifts within our organization. I realized the importance of engaging with our community and embracing a more fun, transparent approach.Eric He

Innovations at LBank

As Eric transitioned into new roles as LBank’s community angel officer and risk control adviser, he outlined five key reforms: the establishment of a decision-making committee, launching a $10 million fund for supporting innovative altcoins, enhancing data transparency, and refining user feedback channels.

Future of the Cryptocurrency Platform

Reflecting on LBank’s milestones, Eric proudly noted the platform’s growth since its inception in 2015, now serving over 10 million users globally with a daily trading volume surpassing $2 billion. He remains optimistic about the crypto industry’s future, reaffirming LBank’s commitment to innovation and community-driven progress.

We’re not just reacting to changes; we’re driving them.Eric He

Thus, LBank's ninth anniversary marked not only the departure of one of its co-founders but also significant changes aimed at improving the platform's operations and community engagement. Despite challenges, the platform continues to strive for innovation and development.

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