Lookonchain APP

App Store

Justin Sun: Li Lin Once Concealed Due Diligence Materials, I Lent the Company $30 Million to Fill the Gap

2025.02.05 09:00:19

On February 5th, the founder of TRON and a member of the HTX Global Advisory Board, Justin Sun, stated in a social media post, "Those who are familiar with the situation are aware that at that time, Li Lin concealed the due diligence materials and created a $30 million internal shortfall. When I discovered the sabotage, he was caught in the act, refused to admit it, and did not return a single cent. I had to lend the money to the company to cover it up."
Relevant content

The SEC Investor Advisory Committee will hold a meeting on December 4 to discuss Corporate Governance and Equity Tokenization.

On November 25th, as per official documents, the U.S. Securities and Exchange Commission (SEC) Investor Advisory Committee is scheduled to hold a virtual public meeting on December 4, 2025. The main focus of this meeting will be on corporate governance regulatory changes and equity tokenization issues. Additionally, the meeting will delve into potential recommendations related to disclosing the impact of artificial intelligence on issuer operations. The meeting is set to commence at 10:00 AM Eastern Time and will be live-streamed on the SEC's official website.

1 seconds ago

Publicly traded company Valereum has received a $200 million investment to launch its digital asset treasury strategy

On November 25th, the UK-listed company Valereum announced that it had secured a $200 million investment. The fresh funds will be employed to back the establishment of its Digital Asset Treasury (DAT) in order to strategically accumulate and manage digital assets. Additionally, it will be used to develop an AI-driven tokenization and royalty and streaming platform.

1 seconds ago

A Whale Increases Holding by $4.18 Million in Value (WLFI), Total Position Reaches 73.16 Million Tokens

On November 25th, based on the monitoring of OnchainLens, a whale has just made a withdrawal of 25.99 million WLFI from Binance, with a value of $4.18 million. Currently, the whale holds a total of 73.16 million WLFI, which is approximately valued at $11.7 million. The address is 0xd947E0D946e285f004958bfD3416D0357B0E8784.

1 seconds ago

Alibaba CEO: Unlikely to See an AI Bubble in the Next Three Years

On November 25th, Alibaba declared that it will "actively" make investments to enhance its artificial intelligence capabilities and does not rule out making additional investments beyond the committed 380 billion yuan within three years. Given the strong customer demand, the previously mentioned 380 billion yuan investment may appear relatively small. Over the next three years, artificial intelligence resources in general will be in a state of shortage. The company's CEO stated that it is unlikely that an artificial intelligence bubble will form in the next three years. (Jinse)

1 seconds ago

Zelensky: Peace Negotiations with the United States Still Ongoing

On November 25th, Ukrainian President Zelensky stated that although there were reports suggesting that Kyiv had reached an agreement on potential terms to end the conflict with Russia, negotiations with the United States on a peace plan were still in progress. After having a phone call with German Chancellor Merkel on Tuesday, Zelensky took to social media and said, "Communication with the American side is continuing. I would like to express my gratitude to all Americans for their efforts, and personally thank President Trump for his efforts." Prior to this, ABC News cited a U.S. official who said that Ukraine had agreed to a potential peace deal, but some details were still being finalized. (FX168)

1 seconds ago

Renaiss Protocol Launches Pokémon 'Da Vinci 3.0' Card Pack, Quickly Sells Out Again Setting New Record

On November 25th, the Renaiss Protocol officially launched the "Da Vinci 3.0" card pack during the closed beta period. This card pack contains Pokémon TCG cards that have been officially appraised by the PSA international appraisal agency and have received a PSA 10 rating. Less than an hour and a half after being put on the market, all the cards were sold out. The pack also includes the highly sought-after M2 Mega Charizard card, which is valued at nearly a thousand US dollars and has become the focus of community attention and discussion. This follows the launch of the 2.0 card pack on November 19th, which also sold out within three hours, setting another record for rapid sell-outs during the Renaiss Protocol's testing period. In the first week, the total number of users in Renaiss' closed beta has exceeded 40,000. The platform's card trading market has been heating up. For example, a PSA 10 Lugia V card was sold for 1,020 USDT, setting a new high-price trading record. This demonstr

1 seconds ago