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

May 21 — Monitoring from Hyperinsight (via its Telegram channel @HyperInsight) has flagged a major surge in HYPE token activity. On the Hyperliquid platform, six large crypto whales are planning to use TWAP (Time-Weighted Average Price) orders to purchase more than 10,000 HYPE spot coins, with total planned buys totaling over 119,000 tokens — equivalent to roughly $6.8 million at current prices. A portion of these buy orders has already been partially filled. Based on existing order data, HYPE’s TWAP-driven net buy pressure is projected to hit $7.05 million over the next 24 hours — a 230% jump from yesterday’s levels.

May 21: Decentralized trading card game (TCG) project Fantasy.top announced it will officially cease operations at the end of June. The team stated the project launched as an "attention market" and social finance experiment, emerging as one of the most viral consumer applications in the crypto industry. Fantasy.top added it has distributed over $20 million in player rewards and $3.2 million to Heroes, with 86% of players ultimately achieving profitability or breaking even. However, the team pointed to long-term limitations in its TCG-based economic model. Like consumer-facing crypto products such as TopShot and SoRare, the platform lacked sufficient transaction volume to sustain long-term operations. Over the past year, the team explored multiple directions—including market prediction, Mindshare tracking, and social graph betting—but failed to find a sustainable product-market fit. Additionally, Fantasy.top noted it will fully refund investors on a 1-dollar-for-1-dollar basis. Its ma

May 21 – Two sources told Reuters that Iran’s Supreme Leader has ordered that uranium enriched to weapons-grade levels must be held within Iran. The leader’s directive aligns with a consensus among Iran’s top leadership, per Golden Finance.

May 21, per French outlet Le Journal du Dimanche, Sebastien Borget—co-founder and COO of The Sandbox—was the victim of a botched kidnapping attempt this week at his family’s home in Villenoy, a town in France’s Seine-et-Marne region, the outlet reports. According to the account, a man posing as a delivery worker arrived at the couple’s door. When Borget’s wife opened it, five masked accomplices rushed into the yard, trying to force her into a waiting vehicle. Neighbors responding to her screams for help intervened, making the suspects flee the scene. Two suspects have been arrested so far, while four others remain at large. Law enforcement found fake guns, handcuffs, and balaclavas on the detained individuals. French authorities’ initial investigation points to a link between the incident and cryptocurrency-related activity. The report notes that France has logged 41 cryptocurrency-linked kidnapping or attempted kidnapping cases this year, bringing the total number of such incidents i

On May 21, according to monitoring data from Onchain Lens, a whale deposited 2.5 million USDC into HyperLiquid and went long on ZEC with 2x leverage.

May 21 – Per monitoring from Hyperinsight (https://t.me/HyperInsight), a Hyperliquid whale who partially closed their Bitcoin (BTC) long position yesterday has turned bullish once again today. The whale opened a new long position with 200 BTC at 40x leverage, valued at approximately $15.5 million, with an entry price of $77,833 and a liquidation price of $71,296. Whale Wallet Address: 0xec4a6f59960fb55a7fa49262e2628687b322cf62