From Du Jun's return to Li Lin's embrace, we can see the "Sichuan Army" and "Xiang Army" in China's cryptocurrency circle

In addition to schools, regions are also key connections for politicians and businessmen. Regarding the "Tsinghua" line in the cryptocurrency circle, Wu said that blockchain had previously made a brief analysis, see: China's cryptocurrency "Tsinghua Gang": Huobi's Li Lin led several "scythes" that drag down its reputation. After the publication, retail investors generally expressed a bad impression of the Tsinghua line, probably because there were too many "cutting leeks" in the name of Tsinghua in 2017-2018.

Du Jun, who had left Huobi recently, returned to Huobi at the invitation of Huobi CEO Li Lin to carry out comprehensive work, "in charge of private keys" and "responsible for the price of coins", which shows the importance of their positions. The symbols of the leaders of the Hunan Army and the Sichuan Army on them are also very interesting. In fact, there is indeed a saying of the Hunan Army and the Sichuan Army in the Chinese cryptocurrency industry.

Huobi founder and CEO Li Lin was born in Hengyang, Hunan Province, and later graduated from Tongji University and Tsinghua University. Through a large number of investments and ecological layout, Huobi is currently the most powerful cryptocurrency exchange and investor in Greater China. If it were not for the border control that prevented it from leaving the country and the possible black swan of supervision, Huobi's overall development would be relatively smooth.

Wu Gang, an early investor, miner, and founder of Bitcoin, is well-known in the early Chinese Bitcoin industry by the codename Star. He is also from Hunan. Although he has been relatively low-key in recent years, he still has many layouts in the field of Bitcoin mining and investment.

Another early Bitcoin investor, Liu Zhipeng (Chang Jian), the founder of Babbitt, Bytom, and Timestamp Capital, is also from Hunan. However, he seems to have faded out in recent years, and Bytom has also been nicknamed "Adou" by those who are trapped. The most famous story of the former science fiction writer Chang Jian is that he persuaded college students to invest 6,000 yuan in Bitcoin (now worth tens of millions) on Zhihu in 2011, which was later dug up and widely circulated.

Yi Lihua, the founder of Lede Capital, was born in Loudi, Hunan. He started buying coins in 2015 and founded Lede Capital in 2018. Later, he married Lou Jiyue and presented himself as a couple. However, due to the large amount of investment in CX coins and projects with poor reputation, it was suspected that the couple was operating and cutting leeks. There was a saying in the market that "Run away when you see Lede Capital".

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Calling them the “Sichuan Army” is a bit of a misnomer, as many well-known Chinese cryptocurrency industry players are actually from Chongqing.

Du Jun is from Kaixian County, Chongqing. Some media reported that he started an Internet cafe in the second year of junior high school and later co-founded Huobi with Li Lin and served as CMO. There are rumors that Li Lin drove the co-founders out of Huobi one after another, and Du Jun once scolded Huobi Hydex in the name of Node Capital, but the two sides still cooperated a lot. After leaving Huobi, Du Jun's combination of Node Capital, Golden Finance + Huobi has made a lot of money, and was even called a "banker" by the media.

Wu Jihan is from Chongqing. He studied at Nankai Middle School, the best in Chongqing. He entered Peking University to study economics and psychology. After graduation, he founded Bitmain. In 2017, he used the huge profits from mining machines to invest in hundreds of projects and companies, becoming the only Chinese among the top ten cryptocurrency figures in the world in the New York Times. However, due to the continuous forking of BCH, the development of Bitmain was hindered, and the infighting of the founders, the dazzling time of 2017 seems impossible to reproduce.

Wang Feng, the founder of Mars Finance, is also from Chongqing. He joined Kingsoft in 1997, founded Linekong Interactive in 2007, and entered the cryptocurrency circle in 2018 to establish Mars Finance. The development speed is extremely fast. At the same time, he launched profitable businesses such as Consensus Lab (investment), Mars Cloud Mining (cloud computing power), and Coco Finance. Unfortunately, in 2020, a reversal statement with Blocvc, "Friends of High Latitude" was criticized by many in the industry.

He Yi, the co-founder of Binance, is from Sichuan. He worked with Zhao Changpeng at OK and later co-founded Binance, one of the world's largest exchanges. He Yi is also the second-in-command of Binance and the person in charge of Greater China. In terms of influence on the cryptocurrency industry, He Yi may not be inferior to the above three Sichuan and Chongqing fellows.

In addition, Kcash founder Zhu Xuejiao is also from Chongqing. In 2005, she was admitted to Tsinghua University to study mechanical engineering with a ranking in the top 20 in Chongqing. Later, she founded Kcash and received investment from her Tsinghua colleague Li Lin from Huobi. However, due to frequent currency issuance and other issues, Kcash was subsequently attacked, and this year it also encountered difficulties in withdrawing currency many times.

Whether it is Hunanese or Sichuan and Chongqing, people are all very hot-tempered and full of the spirit of adventure and pursuit of freedom, which may be in line with the genes of the cryptocurrency industry. Therefore, it is probably no coincidence that there are many talents in the industry in these two regions. If there are any other Sichuan and Hunan military celebrities that Wu Shuo missed, and what do you think, please leave a message.