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Posted: 2025-06-25 16:54:31 UTC
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
Status
Last Updated
2025-06-25 16:54:56 UTC
Verified By
Rollup News
Terence Kwok, CEO of Humanity Protocol, previously bankrupted a $1.5 billion web2 company and burned $170 million in investor funds, raising concerns about his current web3 project.
Previous bankruptcy of a $1.5 billion company
Burning of $170 million in investor funds
Potential risks for the new web3 project, Humanity Protocol
CEO's history of financial mismanagement
Risk of repeating past failures with the new project
Investor confidence and project sustainability