OKX 'OG' Execs Tim Byun and Wei Lan Leave Crypto Exchange
- bhoomisinghal0
- Apr 17, 2024
- 1 min read
Long-term senior OKX executives Tim Byun, who was in charge of global government relations at the world's second-largest cryptocurrency exchange, and Head of Product Wei Lan have both recently left the company, according to people familiar with the matter. Wei Lan oversaw much of the trading desk activity at OKX, according to a person familiar with the situation. The exchange group is in the process of consolidating its parts under the single OKX brand, shifting away from having a separate U.S. brand. Other recent departures include OKX Global Compliance Chief Patrick Donegan, who left in January after just six months.
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It’s surprising to see long-time executives like Tim Byun and Wei Lan leaving OKX. Leadership changes often bring new directions, but also uncertainty. With shifting market conditions and the recent volatility in bitcoin price, it will be interesting to watch how OKX adapts and maintains its position in the crypto industry.