Wu Says it has learned that Li Bojie, former Huawei “genius boy” and chief scientist at Pine AI, and Du Jun, co-founder of the crypto venture capital firm ABCDE Capital, have had a public dispute over investment performance issues related to the AI Agent project Metagent. Du Jun said that after Li Bojie received an investment from ABCDE Capital, he failed to fulfill post-investment obligations such as providing updates on business progress and financial status, and at one point was unreachable. Li Bojie responded that the investment agreement specified an investment amount of 1.5 million USD, but in reality only 500,000 USD was received; the remaining 1 million USD never arrived, and the company’s cap table still records the 1.5 million USD share, which has affected subsequent hiring and R&D. The specific circumstances still need to be determined based on the agreement documents and further responses.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 3
  • 1
  • Share
Comment
Add a comment
Add a comment
L2ArbitrageTrader
· 1h ago
This drama is making my blood pressure spike: the protocol signed for 1.5 million but only paid 500k, yet the cap table still calculates based on 1.5 million. Who wouldn’t flip out?
View OriginalReply0
RouterRunner
· 1h ago
Each side clings to its own story; let’s wait and see the original agreement and the bank statements. Picking sides now could easily come back to bite.
View OriginalReply0
QueueJumper
· 1h ago
After an investment, being unable to reach the other party vs the funds not arriving—this is a classic “information gap” Rashomon scenario. It’s recommended to sign a smart contract on-chain to avoid disputes.
View OriginalReply0
  • Pinned