Here is the new billionaire that took over the helm.
"mF International announced a major leadership change with the resignation of CEO Haoyu Wang. The company appointed Dawei Yuan—an entrepreneur with extensive blockchain infrastructure experience—as the new CEO and Chairman, effective immediately. Wang also stepped down as director and chief compliance officer, with CFO Yang Liu taking over compliance duties. The company said Wang’s departure was for personal reasons and not tied to any disagreements
The transition comes shortly after mF unveiled a digital-asset treasury strategy. Yuan brings strong credentials in blockchain and digital finance, having founded RedotPay and co-founded Huobi, which became China’s largest crypto exchange during his tenure. His appointment aligns with the company’s plan to invest in BCH and other digital assets as an inflation hedge and potential value driver. In his farewell statement, Wang said Yuan’s track record in blockchain and asset-management makes him the ideal leader to execute the new strategy "
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