Eric He Leaves LBank on 9th Anniversary Amid Controversy

As a seasoned crypto investor with over a decade of experience under my belt, I find myself intrigued by the developments at LBank. Having navigated through numerous market cycles and witnessed the rise and fall of several platforms, I can’t help but feel a sense of admiration for Eric He’s resilience and vision.


LBank, a renowned global cryptocurrency exchange, is marking its ninth year in operation while navigating major shifts. In a move causing buzz across the crypto world, co-founder and chairperson Eric He has decided to resign, igniting lively debate among community members.

In this open conversation, I found myself shedding light on the tumultuous events leading up to my departure from LBank. It was during this time that simmering internal disagreements boiled over, most notably a heated exchange with an intern, which ultimately exposed underlying issues that had been lingering for some time. However, it’s important to emphasize that these adversities have served as catalysts for constructive changes within our organization. The lessons learned from these experiences have fostered a culture of transformation at LBank.

Eric expressed that the current circumstances have underscored the necessity for our company to undergo some changes in its culture,” he said. “This realization led me to understand the significance of interacting with our community and adopting a more lighthearted, open-book strategy.

During Eric’s shift into his new positions as LBank’s Community Liaison Officer and Risk Control Advisor, he proposed five significant changes: setting up a decision-making panel, initiating a $10 million fund for backing promising altcoins, improving data accessibility, and fine-tuning user feedback mechanisms.

Looking back at LBank’s achievements, Eric expressed pride in the platform’s significant expansion since its launch in 2015. Today, it caters to more than 10 million users worldwide and records a daily trading volume exceeding $2 billion. He remains positive about the crypto market’s future, emphasizing LBank’s dedication towards technological advancements and fostering community-led development.

Eric stated that we’re not merely responding to shifts, but actively shaping them. This is how LBank is making its mark in the realm of cryptocurrency and finance, charting a path for the future.

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2024-09-09 23:00