There’s a pretty interesting piece of gossip going around lately. Moore Threads, which has been dubbed the “Nvidia of China,” just went public and its market cap shot up to over 300 billion. It should’ve been a huge event for the tech world, but someone dug up some dirt on Li Feng, the dean of Moore Academy.
Back in the 2017 crypto boom, Li Feng actually worked on projects with big names like Li Xiaolai and Xue Manzi. What’s even more explosive is that in 2018, Star, the founder of a major exchange, publicly called out Li Feng in his WeChat Moments, saying Li Feng owed him 1,500 yuan and wouldn’t pay it back. That incident caused quite a stir back then, and now it’s resurfaced.
The crypto world is such a small circle—after all these years, the same people and stories keep popping up. It’s wild how people making chips and trading coins can end up being the same crowd. This kind of crossover is really something else.
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CryptoWageSlave
· 10h ago
Ha, owing even 1,500 yuan—this guy’s moves are really something.
How did Moore Threads end up shooting itself in the foot with this IPO? Unbelievable.
Those people in the crypto world should have cleared their browser history ages ago.
Chip projects mixed with crypto circle backstories—this combo is honestly a bit wild.
Digging up stuff from 2017 now, that’s what I call a perfect replay, my friends.
Li Feng is looking a bit embarrassed this time—even a market cap of over 300 billion can’t save him.
Honestly, I just want to know how many more skeletons are waiting to be uncovered.
But are we really going to talk about that 1,500-yuan incident for the next ten years? The crypto crowd sure has a long memory.
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LiquidityNinja
· 10h ago
He can even default on a debt of 1,500 yuan? This guy is really something—able to switch seamlessly from the crypto world to the chip industry and switch identities at will. Incredible.
Back in 2017, when he was issuing coins, he was hanging out with Li Xiaolai. Now he can become a dean and push for an IPO. Just writing this resume must be exhausting.
So this is why people from the crypto world all end up doing hardware—because they were eliminated by the crypto world itself.
Rehashing the story of Li Feng defaulting on his debt doesn't seem to have much impact anymore; the guy has already successfully gone public.
I really don't know what the investors in Moore Threads are thinking—how can they accept someone with this background?
Mixing chip makers and crypto traders together, this circle really is damn small.
The story is told as if, once people from the crypto world realized doing hardware could get them listed, they all switched careers.
But all jokes aside, being able to default on a 1,500 yuan debt until now—that's some next-level execution.
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LadderToolGuy
· 10h ago
Haha, what kind of legendary crossover is this? Even the dean of the chip institute still has to make up for unpaid debts?
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The crypto world just can't stop digging up old drama. Somehow, everything gets linked to Li Feng.
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They've held onto a 1,500 yuan debt for this long? Really is a small circle.
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This is hilarious. Moore Threads is so popular and yet still gets skeletons dug up. Is it worth it?
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Li Xiaolai, Xue Manzi, Li Feng—what a lineup, that's truly wild.
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Wait, they're only now bringing up gossip from 2017? The crypto world archives everything, huh.
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A company with a 300 billion market cap brought down by a 1,500 yuan incident.
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The chip dream collapsed even faster than in crypto. That's it?
There’s a pretty interesting piece of gossip going around lately. Moore Threads, which has been dubbed the “Nvidia of China,” just went public and its market cap shot up to over 300 billion. It should’ve been a huge event for the tech world, but someone dug up some dirt on Li Feng, the dean of Moore Academy.
Back in the 2017 crypto boom, Li Feng actually worked on projects with big names like Li Xiaolai and Xue Manzi. What’s even more explosive is that in 2018, Star, the founder of a major exchange, publicly called out Li Feng in his WeChat Moments, saying Li Feng owed him 1,500 yuan and wouldn’t pay it back. That incident caused quite a stir back then, and now it’s resurfaced.
The crypto world is such a small circle—after all these years, the same people and stories keep popping up. It’s wild how people making chips and trading coins can end up being the same crowd. This kind of crossover is really something else.