A&T Capital, a prominent crypto venture fund, has recently garnered attention following the departure of its founding partner, Yu Jun, and the subsequent launch of an investigation into his professional conduct.
According to a recent Bloomberg report, Jun is currently under investigation for personal matters. The inquiry will be spearheaded by Jasmine Zhang, the other partner at the firm, and will involve the cooperation of relevant authorities. It is worth noting that Jun’s resignation and investigation coincide with recent allegations of sexual harassment leveled against him. As a professional organization, we take all such matters seriously and will ensure that the study is conducted with the utmost diligence and impartiality.
As stated in its recent Chinese statement, A&T Capital has taken a firm stance against any unethical or illegal conduct. The company has severed ties with the accused individual and is committed to collaborating with investigative authorities. A&T Capital will diligently oversee the investigation’s advancement to ensure compliance with ethical and legal standards.
Jun’s prior experience includes serving as the investment chief for the esteemed OKX crypto exchange and providing valuable assistance to Jack Ma’s fintech conglomerate in establishing A&T Capital.
In a remarkable turn of events, Hong Kong’s crypto enterprises have been pleasantly surprised by the backing of China’s state-owned financial institutions. Recent reports indicate that Chinese banks have contacted these businesses, offering banking services or seeking information. The banks extending their support are the Bank of Communications, Bank of China, and Shanghai Pudong Development Bank.
Sung Min Cho, the founder of Beoble, said:
The push by Chinese lenders means a lot to us because it’s something you’d never expect at this point, even around the globe.
Beoble offers a messaging system for decentralized apps..
