Arthur Hayes takes CEO role at Flop Labs ahead of Q4 airdrop

Arthur Hayes takes CEO role at Flop Labs ahead of Q4 airdrop

Summary

Arthur Hayes said he is returning to lead Flop Labs and updated his X profile to list him as CEO. Flop Labs is building a protocol for AI agents to pay for computing, inference, and decentralized memory services using its native FLOP token. Hayes said the project plans a large airdrop in Q4 2026, ahead of a genesis block launch in early 2027, with more details to come later. Hayes co-founded BitMEX in 2014 and stepped down as CEO in 2020.