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Caixin: Largest Backer of Trump Family Token, Zhou Guren, Listed as Judgment Defaulter Over Tens of Millions of Yuan in Unpaid Debts Across Six Cases

Source: wenews.caixin.com
According to Caixin News, the UAE-based investment firm Aqua 1 Foundation has spent $100 million to purchase WLFI tokens issued by World Liberty Financial, the cryptocurrency project linked to U.S. President Donald Trump’s family, surpassing Justin Sun’s cumulative investment of $75 million and establishing itself as the largest buyer. For an extended period, the true controller of Aqua 1 remained unknown. Recently, Zhou Guren, born in Shanghai in 1984, has begun to emerge as the primary financier behind the WLFI token, though the origins of his funding remain heavily shrouded in secrecy. Reports indicate that Zhou remains listed as a dishonest person subject to enforcement on China’s National Enforcement Information Public Network, with outstanding debts amounting to tens of millions of yuan across six separate cases. An indictment recently obtained from the UK Crown Prosecution Service (CPS) reveals that Zhou is currently implicated in a money laundering case in the UK. Furthermore, a Shanghai-based timber company where he serves as the legal representative was previously involved in a smuggling case in China.

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