Li Feng, associated with Moore Threads, allegedly defaulted on a 1,500 BTC loan from OKX founder Star Xu, raising industry concerns.Li Feng, associated with Moore Threads, allegedly defaulted on a 1,500 BTC loan from OKX founder Star Xu, raising industry concerns.

Li Feng Accused of 1,500 BTC Loan Default

2025/12/08 02:46
Li Feng's Alleged BTC Loan Default Raises Industry Concerns
Key Takeaways:
  • Accusations involve Moore Threads’ involvement in cryptocurrency.
  • Star Xu acknowledges debt dispute as legal.
  • Industry attention on unresolved 1,500 BTC case.

Li Feng, associated with Moore Threads, faces allegations involving a 1,500 BTC loan dispute corroborated by OKX founder Star’s statement on X. Despite these claims, Moore Threads’ leadership does not officially list Li Feng as an executive.

The event highlights tensions in crypto investor relations, drawing attention to how companies address past financial obligations.

Loan Dispute

Star Xu, OKX founder, confirmed a 1,500 BTC loan dispute with Li Feng, who is involved with Moore Threads. The legal matter remains unresolved. Moore Threads, however, has not made any public comment on the issue, leading to speculative concerns within the industry. Li Feng has a history in ICOs and token projects around 2017, but his exact role in Moore Threads isn’t fully disclosed. He does not hold a formal executive position according to the company’s leadership records.

Star Xu has publicly acknowledged Li Feng’s failure to repay the 1,500 BTC loan, which was meant for past fundraising activities. The loan has not been settled, and Xu suggests legal avenues as the path forward. No further legal details or repayment terms have been disclosed officially.

Implications for Moore Threads

Markets and stakeholders are watching closely as the implications of this dispute may affect Moore Threads’ credibility and investment strategies. The lack of transparency from Moore Threads has fueled speculation and demands for clarification.

Regulatory scrutiny and potential legal actions could result from this unresolved financial issue. The crypto community remains alert for developments, which may also impact Moore Threads’ visibility in the tech investment landscape.

The controversy underscores the delicate balance between innovative technological advancements and robust financial practices. This situation serves as a potential precedent for how cryptocurrency-related disputes could be handled legally and in corporate governance.

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

The Future of Secure Messaging: Why Decentralization Matters

The Future of Secure Messaging: Why Decentralization Matters

The post The Future of Secure Messaging: Why Decentralization Matters appeared on BitcoinEthereumNews.com. From encrypted chats to decentralized messaging Encrypted messengers are having a second wave. Apps like WhatsApp, iMessage and Signal made end-to-end encryption (E2EE) a default expectation. But most still hinge on phone numbers, centralized servers and a lot of metadata, such as who you talk to, when, from which IP and on which device. That is what Vitalik Buterin is aiming at in his recent X post and donation. He argues the next steps for secure messaging are permissionless account creation with no phone numbers or Know Your Customer (KYC) and much stronger metadata privacy. In that context he highlighted Session and SimpleX and sent 128 Ether (ETH) to each to keep pushing in that direction. Session is a good case study because it tries to combine E2E encryption with decentralization. There is no central message server, traffic is routed through onion paths, and user IDs are keys instead of phone numbers. Did you know? Forty-three percent of people who use public WiFi report experiencing a data breach, with man-in-the-middle attacks and packet sniffing against unencrypted traffic among the most common causes. How Session stores your messages Session is built around public key identities. When you sign up, the app generates a keypair locally and derives a Session ID from it with no phone number or email required. Messages travel through a network of service nodes using onion routing so that no single node can see both the sender and the recipient. (You can see your message’s node path in the settings.) For asynchronous delivery when you are offline, messages are stored in small groups of nodes called “swarms.” Each Session ID is mapped to a specific swarm, and your messages are stored there encrypted until your client fetches them. Historically, messages had a default time-to-live of about two weeks…
Share
BitcoinEthereumNews2025/12/08 14:40
Grayscale Files Sui Trust as 21Shares Launches First SUI ETF Amid Rising Demand

Grayscale Files Sui Trust as 21Shares Launches First SUI ETF Amid Rising Demand

The post Grayscale Files Sui Trust as 21Shares Launches First SUI ETF Amid Rising Demand appeared on BitcoinEthereumNews.com. The Grayscale Sui Trust filing and 21Shares’ launch of the first SUI ETF highlight surging interest in regulated Sui investments. These products offer investors direct exposure to the SUI token through spot-style structures, simplifying access to the Sui blockchain’s growth without direct custody needs, amid expanding altcoin ETF options. Grayscale’s spot Sui Trust seeks to track SUI price performance for long-term holders. 21Shares’ SUI ETF provides leveraged exposure, targeting traders with 2x daily returns. Early trading data shows over 4,700 shares exchanged, with volumes exceeding $24 per unit in the debut session. Explore Grayscale Sui Trust filing and 21Shares SUI ETF launch: Key developments in regulated Sui investments for 2025. Stay informed on altcoin ETF trends. What is the Grayscale Sui Trust? The Grayscale Sui Trust is a proposed spot-style investment product filed via S-1 registration with the U.S. Securities and Exchange Commission, aimed at providing investors with direct exposure to the SUI token’s price movements. This trust mirrors the performance of SUI, the native cryptocurrency of the Sui blockchain, minus applicable fees, offering a regulated avenue for long-term participation in the network’s ecosystem. By holding SUI assets on behalf of investors, it eliminates the need for individuals to manage token storage or transactions directly. ⚡ LATEST: GRAYSCALE FILES S-1 FOR $SUI TRUSTThe “Grayscale Sui Trust,” is a spot-style ETF designed to provide direct exposure to the $SUI token. Grayscale’s goal is to mirror SUI’s market performance, minus fees, giving long-term investors a regulated, hassle-free way to… pic.twitter.com/mPQMINLrYC — CryptosRus (@CryptosR_Us) December 6, 2025 How does the 21Shares SUI ETF differ from traditional funds? The 21Shares SUI ETF, launched under the ticker TXXS, introduces a leveraged approach with 2x daily exposure to SUI’s price fluctuations, utilizing derivatives for amplified returns rather than direct spot holdings. This structure appeals to short-term…
Share
BitcoinEthereumNews2025/12/08 14:20