News Daily

The Times

News from Asia

  • Written by Media Outreach
TAIPEI, TAIWAN - Media OutReach Newswire - 16 August 2024 - Kronos Research, a global leader in quantitative trading, issues this official statement to reaffirm our commitment to integrity and transparency in our operations.

The case involved former employees who allegedly sought revenge on the company through computer fraud. They claimed their motivation stemmed from dissatisfaction with the bonuses they received despite being among the highest bonus recipients within the company. Taiwan's judicial system has delivered its verdict: both former employees were found guilty and have received appropriate punishment.

Following the conclusion of the judicial process, both former employees jointly issued an apology statement[1][2], acknowledging their wrongdoings and affirming that the company acted appropriately according to its standard policies and procedures. They stated, "I confess and sincerely apologize to the company for my misunderstanding of the bonus distribution mechanism, which led to financial and reputational losses for Kronos Research."

Hank Huang, CEO of Kronos Research, emphasised the importance of trust and reputation in the crypto and finance industries: "Maintaining our competitive edge is vital to Kronos. As a leading trading firm, we take pride in delivering exceptional services to our partners, fostering innovation, and nurturing talent to drive industry progress. We uphold rigorous policies to maintain integrity and our commitment to excellence."

"This event underscores our steadfast dedication to ethical practices and transparency," Huang continued. "While Kronos advocates for a fair, transparent, and rewarding environment for our employees, we have zero tolerance for breaches of trust or actions that jeopardize our integrity and reputation."

Kronos remains resolute in upholding our core values and will implement all necessary measures to safeguard these standards, ensuring the trust and confidence of our stakeholders.

Lastly, we extend our sincere gratitude to our stakeholders for their continued support and understanding. With the conclusion of this case, we look forward to moving ahead with renewed focus and dedication to excellence.

For more information on this incident and the apology letters, please visit:

[1] Apology Statement [Link 1] [2] Taiwan's Yahoo News [Link2]

Hashtag: #kronosresearch #integrity #kronospressrelease #cryptomarketmaking #assetmanagement #venturesinvestment

The issuer is solely responsible for the content of this announcement.

Read more

Pinboard Solutions for Offices, Schools and Shared Information Spaces

Why a Pinboard Remains Useful A pinboard provides a simple way to display information that needs to remain visible without being rewritten. Lawdex supplies fabric and cork options for offices, schools, staff areas and other environments. A pinboard can be used... Read more

Retractable Hose Reel: A Practical Guide To Choosing The Right Hose Storage

A retractable hose reel can make hose storage more organised, accessible and practical in workshops, commercial facilities, service areas and other working environments. Instead of leaving a hose coiled across the floor or requiring staff to manually wind it after... Read more

Car Removal Melbourne: What To Know Before Selling An Old Or Damaged Car

Start By Assessing Why The Car Needs To Go An old or damaged car can become difficult to justify keeping when repairs, registration, storage or ongoing maintenance outweigh its usefulness. Car removal Melbourne services can help owners arrange both the sale... Read more

Calm Marketing: Why You Don’t Need Flash to Win Online

There is a growing trend happening across websites, social platforms and digital storefronts, and it goes by the name calm marketing. Rather than shouting for attention with flashing banners, countdown timers and aggressive pop ups, calm marketing invites people to... Read more

Australian Off Road Caravans: What Makes Them Different from Standard Touring Vans?

Australian off-road caravans are designed for travellers who want to go beyond sealed highways and established caravan parks. A standard touring caravan is perfect for bitumen roads and conventional holiday routes. On the other hand, off-road models are built with... Read more

Why Compact Designs of Caravan Travel Transform Short Getaways

A caravan makes exploring Australia more flexible. For many Australians, a compact and practical setup makes short breaks easier, more comfortable and far more spontaneous. The layout inside significantly impacts how comfortable, organised and enjoyable your travels become.  Travellers often compare... Read more