The Liu Garden No. 2 Fund on M Station had raised 30 million yuan, primarily focusing on $ETH options strategies. After losing 97% of its net value, it recently completed liquidation work.
The fund's manager, Teacher Zhao Bei, recently announced his resignation from M Station.
I remember the liquidation rules at the time of the fund's initial fundraising were one of three options: 1. One year completed 2. Three times the profit 3. Zero value.
Those who gamble must accept their losses and respect the market. Finally, here is the teacher's reflection notes.
