COINOTAG News reports that Yu Hong, a former 360 executive and XMAX founder, posted a late-night accusation against Zhou Hongyi on WeChat Moments and within crypto circles. Yu Hong claims he assisted in alleged falsified accounting totaling tens of billions, says he possesses the data, and intends to publish it online. He alleges Zhou’s game-finance records are fabricated and says he has been swindled.

Yu Hong is a recognized figure in the internet and blockchain space. He started an early game company, sold it to 360, and later joined as a senior executive. In 2018, he launched the 3 O’Clock Blockchain Group, attracting hundreds of members, including Shen Nanpeng (Sequoia), Zhou Hongyi, Xue Manzi, and Shen Bo of Distributed Capital.

This development underscores governance scrutiny in the crypto sector, and readers should rely on verified reporting as the situation evolves within the blockchain community.