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One-stop lending hub
VIP Wealth Hub
Customized wealth management empowers your assets growth
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Customized asset management to grow your digital assets
Quant Fund
Top asset management team helps you profit without hassle
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BTC Staking
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Stake BTC and earn 10% APR
GUSD Minting
Use USDT/USDC to mint GUSD for treasury-level yields
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Today I saw some explosive news: Li Feng, the founder of MDG(Maledgo Coin), reportedly borrowed 1,500 BTC from a big shot at a top exchange back in the day. At today's prices, that's worth about $1.34 billion. The key point is that this debt still hasn't been paid off.
Li Feng has always claimed to be the co-founder of Moore Threads, which you might know as the AI chip company often referred to as the "Chinese Nvidia." On December 5th, this news broke out, causing an uproar in the community.
1,500 BTC, everyone—that's no small sum. Debt disputes of this scale are rare even in the crypto world, and it's unclear how things will develop from here.