Quantrend Technology founders accuse each other: Former general manager Xu Jingteng officially responded to Chen Taiyuan’s allegation of “embezzling over 100 million NTD,” stating that it is completely fabricated and, on the contrary, he personally lent more than 100 million NTD to the company.
(Previous context: Exclusive – Quantrend Technology’s Chen Taiyuan responds: Former general manager Xu Jingteng embezzled over 100 million NTD! I am being attacked with baseless negative accusations.)
(Background supplement: Quantrend Technology’s Chen Taiyuan involved in misappropriating company funds! Transferred 80,000 USDT to his own wallet, violently assaulted a partner, hid in the women’s restroom to harass at the workplace…)
The internal conflict within locally renowned quantitative trading company Quantrend Technology has intensified. After co-founder Chen Taiyuan was accused of misappropriating company funds, he recently responded publicly, refuting the accusation and stating he was simply sorting out accounts. He instead counter-accused another co-founder, Xu Jingteng, of misappropriating more than 100 million NTD. Today (the 4th), Xu Jingteng struck back, calling this a “false accusation” and sternly denying it. Both parties are currently locked in mutual accusations.