OpSec CEO Chris Williams announced on his X account that he is resigning as CEO. Not only Williams, but all key members of Opsec’s crypto team are subject to resignation. He cited a recent investigation by ZachXBT, which claimed OpSec was running a scam.
Opsec, was the fraud caught by ‘crypto detective’ Jack XBT?
Chris Williams, CEO of AI cloud security platform OpSec, said on this day: In the presentation It was claimed the business was “no longer viable”. In particular, he alleged that OpSec’s founder, who uses the username ‘Zopp0’, deliberately withheld sensitive information from potential customers and company employees.
“This decision follows recent findings from ZachXBT and an evaluation of our own OpSec operations. “These revelations, coupled with the anonymous founder’s prolonged absence and exclusive control of the company’s finances, have severely limited our ability to effectively lead and execute our vision,” Williams asserted.
On the surface, OpSec seemed like a legitimate business, and even promising. They have also partnered with other cloud computing companies to create DePin solutions.
But Zach explains that the more he looked into the facts, the less capable Opsec was in handling these things. He previously said that the OpSec specifications were completed last March. evidencealso posted. And in November, Zopp0 posted a Telegram chat in which he confessed that he had no plans to implement OpSec’s business model with a third party. Looking at this chat, Opsec business is in a situation where feasibility is greatly reduced.
ZachXBT claims that Zopp0 launched at least four unstable cryptocurrency startups to attract unsuspecting investors.
Leaked OpSec document from ZachXBT. source: ZachXBT
Summarizing the facts revealed so far, Zopp0 created Opsec, a shell company, and isolated CEO Williams and OpSec developers so that they could not confirm this fact. Positive social media publicity, partnerships, and other promotional activities have driven OpSec’s price up.
Of course, Williams and his staff may be on the same page. In this regard, Williams said Zopp0 provided “a lack of clarity about the direction of OpSec” and frequently failed to pay salaries.
real scam hereis somewhat similar to several cases previously investigated by ZachXBT. Although seemingly legitimate projects attract public attention, If you look closely The claimed vision cannot be implemented. Zach also claimed that Zopp0 was secretly running OpSec and several lesser-known “businesses,” which Common tactics in token fraudno see.
After obtaining this leaked information, ZachXBT confronted Zopp0 for an increasingly agitated private chat. Excerpts of these conversations were leaked back to ZachXBT, piling up evidence of misconduct.
Zach released most of this leaked information all at once. Williams claims this confirmed his team’s suspicions, leading to a mass resignation.
So far, Zopp0’s other alleged fraud operations have not suffered public employee complaints. Nonetheless, ZachXBT has compiled a list of influencers who have boosted OpSec’s social media presence. He warned that the bull market in cryptocurrencies has increased the risk of fraudsters and encouraged users to do their due diligence.
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