World Liberty Financial is an encryption project initiated by the Trump family. Its goal is to build lending services, mainly including a credit account system based on Aave and Ethereum. The project’s governance token is called WLFI. Trump tweeted to promote the project's token sale, and the effect was also significant. Sales exceeded $9 million on the first day, and more than 600 million tokens were sold. While project sales are booming, everyone's focus is further focused on the disclosed project team information. In addition to members of the Trump family, the team members are Chinese in charge of stablecoins and payments, which has caused quite a bit of controversy. Many people have said that the Trump family may be deceived this time.
So why did this person named Rich Teo attract so much controversy? It turns out that this is not the first time he has been known by the general public. Rich Teo's Chinese name is Zhang Qianhao. He was born in Singapore and graduated from the Stephen Ross School of Business at the University of Michigan. He has 10 years of investment experience on Wall Street and is the founder of Tianhou Investment Tophold. How can these introductions look like business elites and be criticized as liars? It turns out that as early as 2019, he was rumored to have a relationship with Zhang Yuqi, a female star in the entertainment industry, and was labeled a liar on Weibo. The popularity of this matter is even more popular than his career. It is believed that almost no one has heard of itBit Exchange, and he is the Asian CEO and co-founder of the exchange.
CZ also mentioned him in a rumor-busting post. It can be clearly seen that sometimes prejudice does not arise suddenly. Trust is difficult to establish, but it is easy to destroy it. Zhang Qianhao himself might not have thought that something that happened many years ago would have such a negative impact when he should be in high spirits now. For him personally, the label of a liar is still difficult to remove. So when will the prejudice of the people outside the circle against Chinese people in Web3 end?
