律动BlockBeats|12月 07, 2025 06:51
[Star Responds to Debt Dispute with Li Feng: Debt Issues Will Be Handled by Law]
BlockBeats News, December 7: Today, Star posted on social media in response to the topic of 'Moore Threads co-founder Li Feng borrowing 1500 BTC from Star and failing to return it before going missing,' stating, 'One cannot remain stuck in the shadow of negative history. Look to the future and contribute more positive energy. Debt issues will be handled by law. Best wishes to every entrepreneur.'
BlockBeats reported today that Moore Threads co-founder Li Feng was exposed for being involved in token issuance and failing to return 1500 BTC.
Previously, an agreement shared by Star showed that under the guarantee of Hu Zhibin, the two parties renewed the borrowing agreement. The initial agreement, signed on December 17, 2014, was set to expire on December 16, 2016, but 'due to personal reasons of Party B, the borrowing period needed to be extended.' As a result, a new agreement was signed on March 30, 2017. However, Li Feng defaulted again, which became the key reason for Star's decision to make the issue of the unreturned BTC public.
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