Difference between revisions of "Leo Cheng"

Latest revision as of 10:27, 11 July 2022

Bio

Occupations

Acrabadabra.money; multi-sig signer (10-10-2021).
CREAM; co-founder
Machi X; From ZachXBT (16-6-2022): "In October 2018, Jeff Huang and Leo Cheng launched Machi X, a social marketplace for intellectual property rights, however they struggled to receive funding due to the performance of Huang’s previous project Mithril and the Formosa incident."
Saffron Finance; called him a 'strategic partner' (8-3-2021).
Syndicate

Wifey Finance; From ZachXBT (16-6-2022):

"In August, Wifey Finance, a Yearn Finance fork, was created by an ‘anon team’, Machi, Leo Cheng, and Wilson Huang all happened to be among the first members of the Wifey Discord channel. TTransaction records show that Wifey’s deployer sent funds to Wilson Huang multiple times. After four days, Wifey Finance was abandoned."

Investments

Axie Infinity; part of a $7.5M raise (11-5-2021).
DeFi Safety; part of the 1$M Seed Round (6-8-2021)
Formosa; Leo Cheng’s Syndicate invested in a private sale, a project which seemed to have frauded investors money afterwards (16-6-2022).

@@ Line 5: / Line 5: @@
 *[[Abracadabra.money (SPELL + MIM)|Acrabadabra.money]]; [[Multi-Signature|multi-sig]] signer ([https://docs.abracadabra.money/tokens/tokenomics 10-10-2021]).
 *[[Cream Finance (CREAM)|CREAM]]; co-founder
+*Machi X; [https://medium.com/@investigationsbyzachxbt/22-000-eth-embezzled-and-over-ten-projects-failed-the-story-of-machi-big-brother-jeff-huang-a1ad073fcfa8 From] [[ZachXBT]] (16-6-2022):  ''"In October 2018, [[Jeff Huang]] and Leo Cheng launched Machi X, a social marketplace for intellectual property rights, however they struggled to receive funding due to the performance of Huang’s previous project [[Mithril (MITH)|Mithril]] and the Formosa incident."''
 *[[Saffron Finance (SFI)|Saffron Finance]]; [https://medium.com/saffron-finance/new-partners-join-saffron-finance-ecosystem-as-billions-in-yield-generating-assets-migrate-from-27059982f997 called] him a 'strategic partner' (8-3-2021).
+*[[Syndicate]]
+*[[Wifey]] Finance; [https://medium.com/@investigationsbyzachxbt/22-000-eth-embezzled-and-over-ten-projects-failed-the-story-of-machi-big-brother-jeff-huang-a1ad073fcfa8 From] [[ZachXBT]] (16-6-2022):
+''"In August, Wifey Finance, a [[YEarn (YFI)|Yearn]] Finance [[fork]], was [https://medium.com/@wifeyfinance/meet-your-new-wifey-e8f2670fb84c created] by an ‘[[anon]] team’, Machi, Leo Cheng, and Wilson Huang all happened to be among the first members of the Wifey [[Discord]] channel. TTransaction records show that Wifey’s deployer sent funds to Wilson Huang multiple times. After four days, Wifey Finance was abandoned."''
 == Investments ==
@@ Line 11: / Line 16: @@
 * [[Axie Infinity (AXS)|Axie Infinity]]; part of a [https://metaversal.banklesshq.com/p/axie-infinity-builders-raise-75m?token=eyJ1c2VyX2lkIjoxMzk3OTAwLCJwb3N0X2lkIjozNjI5NDE1NywiXyI6IllKNVRlIiwiaWF0IjoxNjIwODkyMTA0LCJleHAiOjE2MjA4OTU3MDQsImlzcyI6InB1Yi0yNDIxODEiLCJzdWIiOiJwb3N0LXJlYWN0aW9uIn0.ut3Uwu6BbD6V $7.5M] raise (11-5-2021).
 *[[DeFi Safety]]; part of the [https://rex2.medium.com/defisafety-seed-raise-completed-1f636efa8b51 1$M Seed Round] (6-8-2021)
+*Formosa; Leo Cheng’s Syndicate invested in a private sale, a project which seemed to have [https://medium.com/@investigationsbyzachxbt/22-000-eth-embezzled-and-over-ten-projects-failed-the-story-of-machi-big-brother-jeff-huang-a1ad073fcfa8 frauded] investors money afterwards (16-6-2022).
 [[Category:People]]