Foresight News|Dec 10, 2025 03:29
[Moore Threads stock price rises 19.24% intraday, co-founder Li Feng previously involved in controversial token and Bitcoin disputes]
Foresight News reports that Moore Threads' stock price briefly surpassed 750 yuan, rising 19.24% intraday, with a total market value exceeding 350 billion yuan. On the news front, Moore Threads is set to release a new generation of GPU architecture. According to previous reports from Foresight News, Moore Threads was listed on the STAR Market on December 5. Its co-founder Li Feng participated in a token project named '马勒戈币 (MGD)' alongside Li Xiaolai and others in 2017, raising approximately 5,000 ETH, with some of the fund usage lacking transparency. Additionally, in 2018, OKX founder Star publicly accused Li Feng of failing to repay 1,500 borrowed Bitcoins on time and stated that legal proceedings had been initiated in both China and the U.S.
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