Why Chinese bitcoin kit completely abandoned investing in cryptocurrency and blockchain projects?

Why Chinese bitcoin kit completely abandoned investing in cryptocurrency and blockchain projects?

Chinese bitcoin magnate and investor Whether Saali stated that it will no longer invest in the blockchain projects in the future.

Lee is known in China as one of the largest bitcoin holders and investors in the blockchain projects. However, a great number of projects which falsely stated about his involvement forced him to publicly withdraw from investing in the blockchain projects in the future.

In his profile on the Chinese social network Weibo, he said:

From this day Whether Saali will not invest in any projects. So, if you hear that I am involved in some project, just ignore it.

If the situation is not unique. From the beginning of the boom of the ICO in 2017, many famous people appeared on the list of consultants of various projects, without their consent and knowledge.

Lee also said it plans to nekotoroe time to leave the cryptocurrency space.

I plan to spend a few years thinking about my career. As for what I intend to do next – I’m not sure yet. I’m still optimistic about blockchain technology in the long term.

Recall that about a year ago, China banned the ICO and the operation of the cryptocurrency exchanges.

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