Published on June 14th, 2018 | by bitcoin0
Crypto Head honchos Fight Over Affirmed 30,000 Bitcoin Debt
Chen Weixing made a number of accusations in a WeChat post on June 9, taking aim at Li Xiaolai, a successful Chinese cryptocurrency investor and an early bitcoin evangelist in the country.
The reason, Chen alleged, was that Li had spent all the raised bitcoins on Just-Dice, a bitcoin gambling site.
Having offered no proof to back his claim, Chen’s accusation of a 30,000 BTC debt – an amount worth nearly $200 million at press time – immediately stirred up heated discussion in the Chinese crypto community.
In explaining the 30,000 BTC debt claim, Li wrote:
“Once again, it’s not true.
He’s also killing the innovation of a group of passionate young people while pretending to maintain that integrity of his.”