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

Yesterday, the US Bitcoin spot ETF saw a net inflow of $223.3 million, while the Ethereum ETF experienced a net outflow of $75.9 million.

April 24 — Farside monitoring data shows U.S. Bitcoin spot ETFs recorded a net inflow of $223.3 million yesterday, while Ethereum spot ETFs posted a net outflow of $75.9 million.

7 minutes ago

Analyst: Iran's Oil Revenue Can Last Until August, Trump May Not Have the Luxury to 'Wait'

April 24 — According to Al Jazeera, Kenneth Katzman, a former Iran analyst at the Congressional Research Service (CRS) in Washington, D.C., has stated that Iran has not received new oil exports amid U.S. blockades of Iranian ports. However, Tehran currently holds 160 million to 170 million barrels of oil in "floating storage" on ships worldwide. Katzman noted: "I’ve learned from an Iranian professor that based on these inventories, Tehran can maintain revenue flows through August despite the U.S. maritime blockade. There’s a long stretch from now to August — can Trump hold on that long? Probably not. So he may need to consider drastic escalation to get the outcome he wants, or else accept a deal less favorable than he’d prefer."

7 minutes ago

Base Protocol's native token REPPO has surpassed a $20 million market cap, with a 24-hour price increase of 40%.

April 24th, per GMGN monitoring: Last night and this morning, a specific exchange platform went live, driven by a $20 million strategic funding commitment from the Reppo Foundation to Bolts Capital. Its native token, REPPO, briefly saw its market cap exceed $20 million before pulling back. It rebounded this morning, with its current market cap temporarily at $18.5 million—up 40% over the past 24 hours—while trading volume in the same period hit roughly $1.1 million. BlockBeats reminds users: Meme coins are extremely volatile, largely fueled by market sentiment and concept-related hype, with no tangible value or real-world use case. Investors should exercise caution regarding associated risks.

7 minutes ago

3F has completed a $4 million seed round financing, led by Maven 11

On April 24, official sources confirmed that 3F—an RWA leverage solution—has closed a $4 million seed round of financing. The round was led by Maven 11, with participation from F-Prime, Metalayer Ventures, GSR, Susquehanna Crypto, Gate Ventures and other investors. 3F is a vault protocol built on Morpho, enabling users to gain leveraged exposure to tokenized real-world assets (RWAs) through their investments.

7 minutes ago

Brent Crude Oil Falls Below $100 per Barrel, Down 1.14% intraday

Brent crude oil dropped below $100 per barrel on April 24, sliding 1.14% intraday, per Bitget market data.

7 minutes ago

White House: Trump to Speak at Cryptocurrency Conference on Saturday

April 24 — The White House announced that former President Donald Trump will speak at a cryptocurrency conference in Florida this Saturday. Earlier reports noted Trump will host a grand luncheon for TRUMP token holders, with 18 “superstars” joining him. The top 297 holders will be invited to the April 25 luncheon at Mar-a-Lago, while the top 29 will get access to a special VIP reception and champagne toast with Trump.

7 minutes ago