Chanpeng Zhao, Chief Technical Officer for OKCoin, announced his departure from the company today, citing the reasons as being "a difference in direction". Zhao joined the company back in June of 2014 where OKCoin where expanding to be able to extend their service to the international market, being the second biggest USD Bitcoin exchange today after Bitfinex.
OKCoin doesn't believe that they will feel a large loss by having Zhao leaving, as the parties has been discussing it for the past months and OKCoin prepared for it. Furthermore the company confirmed that a dispute in the direction the company is going in, was in fact the reason for the break-up.
OKCoin will continue to reach out globally, telling Coindesk that they are close to open up an international office either in San Francisco or Hong Kong.
“We have a capable and growing international team, which currently is under leadership of Jack Liu, who comes to us from Barclays. We have many more updates for the international market to announce soon.” OKCoin said.