李林
4,641 views
6 Discussing
Hot
Latest
See original
Interviewing Bao Er Ye at home about his trip to Hong Kong, gossip from the top cryptocurrency dinner party, who is the girl at the dinner party?
#Bitcoin#Bao Er Ye#Hong Kong Web3#人物#Sun Ge#李林
#Bitcoin#Bao Er Ye#Hong Kong Web3#人物#Sun Ge#李林
See original
Did "Sun Ge" suffer a loss of 30 million dollars?
A few days ago, the top figure in the crypto circle #孙宇晨 suddenly revealed a scar on Twitter—this founder of TRON, known for "cutting leeks," was actually "cut" by Li Lin's team for 30 million dollars during the acquisition of Huobi Exchange. This dispute, dubbed the "most expensive tuition fee in the Chinese crypto circle," marked the first time that the usually benefit-taking "Sun Ge" found himself in the position of a victim.
The story began in 2022 when Sun Yuchen acquired #火币 , founded by Li Lin. On February 5, 2025, Sun Yuchen suddenly launched an attack on social media, accusing #李林 of concealing key financial information during the sale of Huobi. He claimed that after the acquisition, he discovered an internal funding gap of as much as 30 million dollars, forcing him to inject funds urgently to maintain the company's normal operations. Li Lin quickly responded, pointing out that the so-called "30 million dollar funding gap" was not as Sun Yuchen had stated. He explained that this funding gap arose from a margin trading business that resulted in liquidation losses due to extreme market conditions. He emphasized that this was properly handled through company revenues at the time of delivery and there was no concealment. The two parties indeed had discrepancies in the method of calculating user assets, but this was not sufficient to constitute a so-called "financial loophole."
In summary, both sides held their ground. After a round of verbal battles in the media, Li Lin expressed a willingness to seek a fair ruling through the Hong Kong courts or a third-party arbitration institution, rather than making unilateral judgments on social media. Sun Yuchen claimed he had sued in Hong Kong, vowing to continue pursuing the debt.
Looking at the background of this incident, it reflects numerous issues present in the cryptocurrency market. Uncertainty in regulation, market manipulation and fraud, information asymmetry, insufficient investor protection, market volatility, uneven resource allocation, and technological limitations have collectively led to disorder and instability in the market. These issues not only affect the rights of market participants but also pose challenges to the healthy development of the entire cryptocurrency industry. In the future, measures such as strengthening regulation, improving market transparency, and enhancing risk management tools need to be taken to address these issues and promote the healthy development of the cryptocurrency market.
In the dark forest lacking regulation, there has never been a sickle; everyone is a leek.
#孙割 #币圈
A few days ago, the top figure in the crypto circle #孙宇晨 suddenly revealed a scar on Twitter—this founder of TRON, known for "cutting leeks," was actually "cut" by Li Lin's team for 30 million dollars during the acquisition of Huobi Exchange. This dispute, dubbed the "most expensive tuition fee in the Chinese crypto circle," marked the first time that the usually benefit-taking "Sun Ge" found himself in the position of a victim.
The story began in 2022 when Sun Yuchen acquired #火币 , founded by Li Lin. On February 5, 2025, Sun Yuchen suddenly launched an attack on social media, accusing #李林 of concealing key financial information during the sale of Huobi. He claimed that after the acquisition, he discovered an internal funding gap of as much as 30 million dollars, forcing him to inject funds urgently to maintain the company's normal operations. Li Lin quickly responded, pointing out that the so-called "30 million dollar funding gap" was not as Sun Yuchen had stated. He explained that this funding gap arose from a margin trading business that resulted in liquidation losses due to extreme market conditions. He emphasized that this was properly handled through company revenues at the time of delivery and there was no concealment. The two parties indeed had discrepancies in the method of calculating user assets, but this was not sufficient to constitute a so-called "financial loophole."
In summary, both sides held their ground. After a round of verbal battles in the media, Li Lin expressed a willingness to seek a fair ruling through the Hong Kong courts or a third-party arbitration institution, rather than making unilateral judgments on social media. Sun Yuchen claimed he had sued in Hong Kong, vowing to continue pursuing the debt.
Looking at the background of this incident, it reflects numerous issues present in the cryptocurrency market. Uncertainty in regulation, market manipulation and fraud, information asymmetry, insufficient investor protection, market volatility, uneven resource allocation, and technological limitations have collectively led to disorder and instability in the market. These issues not only affect the rights of market participants but also pose challenges to the healthy development of the entire cryptocurrency industry. In the future, measures such as strengthening regulation, improving market transparency, and enhancing risk management tools need to be taken to address these issues and promote the healthy development of the cryptocurrency market.
In the dark forest lacking regulation, there has never been a sickle; everyone is a leek.
#孙割 #币圈
Login to explore more contents