2025-12-04 18:32:20

A leading exchange just officially announced the appointment of a new CEO, but to be honest, the real decision-making power is probably still with the founder. After all, when a core figure just assumes a different public role, the fundamental operational logic doesn’t really change.

It reminds me of Xu’s previous approach—completely stepping into the background, making key decisions when needed but staying out of the public eye. In the current regulatory climate, that’s actually pretty smart. If regulators come knocking one day, at least the official person responsible can be more flexible.

With things as they are now, if the new CEO continues to be the public face, the next time there’s a compliance investigation, this position is sure to be the first one held accountable. Sometimes taking a step back is actually taking two steps forward.

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AirdropSweaterFan

· 2h ago

To put it bluntly, it’s just old wine in a new bottle—the founder is still the same person. This stealth tactic is really impressive; when regulators come, there’s someone to take the fall.

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SingleForYears

· 12-06 10:52

It's just old wine in a new bottle; the founder still has to handle operations.

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governance_lurker

· 12-05 02:03

To put it bluntly, it's still the same old trick—just a different packaging, but nothing has really changed.

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DegenDreamer

· 12-04 19:01

To put it simply, it's just a puppet CEO; the real power is still held by the founder.

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TaxEvader

· 12-04 19:00

Oh boy, it's the same old thing again—just a different package but nothing's really changed.

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FadCatcher

· 12-04 19:00

To put it bluntly, it's just old wine in a new bottle—the founder is still the same founder. The new CEO position is pretty hot right now, seriously. Lao Xu’s move is really something—he hides in the background but still makes all the decisions, acting one way in public and another in private. If the new CEO really does take full control this time, just wait to be made the scapegoat. When regulation comes, the person at the front desk is always the first to take the fall. I wouldn’t take this job. That said, changing executives at major exchanges is almost the same as not changing them, since the decision-making power hasn’t shifted anyway.

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WhaleMistaker

· 12-04 18:48

Everyone watching knows that the new CEO is just a scapegoat.

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MEVSandwichVictim