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COO Appoints 23-Year-Old Graduate as CMO

CEO Takes Charge of Technology, Former CTO Marginalized

The most attention-grabbing aspect of this post is the COO’s personal appointment of a mere 23-year-old graduate as the CMO (Chief Marketing Officer). Reportedly, this young woman has now become the highest reporting figure in the entire marketing department, leading to dissatisfaction among the original directors and senior-level (P7, P6) executives, resulting in weekly departures from the Dubai headquarters.

According to information from LinkedIn, there indeed appears to be a relatively young employee who, within just five months of joining the company, has advanced from a business manager to the head of recruitment and marketing.

Articles on the social platform Maimai further revealed issues within the technology department of the exchange, indicating that the CEO of Bybit has “removed the former partner CTO and taken on the role himself,” frequently intervening in technical decisions. The R&D team has expressed strong dissatisfaction, arguing that the CEO lacks a professional technical background yet often alters the technical roadmap, disrupting the normal R&D pace.

It is reported that technical personnel have described him as “lacking technical knowledge yet instructing various misguided operations,” leading to a stagnation in overall technological advancement and a growing conservativeness among technical department heads, who are increasingly reluctant to take responsibility. The post concludes by noting that morale across the company, from operations and products to technology, has been adversely affected, prompting many to seek new job opportunities.

As of the time of publication, Bybit has not made any public statements or clarifications regarding the specific content of this anonymous post. However, the post has sparked intense discussions within the community, with market observers pointing out that if the allegations are true, they could further impact Bybit’s brand image and internal stability.

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