Sun Yuchen, born in the 1990s: cashed out 12 billion yuan with virtual currency, spent 10.5 million to buy an avatar, and is now being investigated by the FBI?

In 2022, a US media reported that Sun Yuchen, a Chinese guy, was being investigated by the FBI for multiple crimes such as money laundering and cashing out in virtual currency exchanges.

Sun Yuchen, born in 1990, is the founder of TRON and one of the earliest evangelists of the concept of blockchain in China.

In 2017, he made it onto the list of richest writers with a book, and in 2019 he was awarded the right to have lunch with Buffett. It is really amazing that he has achieved such success at such a young age.

However, just as Sun Yuchen's name has sparked widespread discussion in the business and technology circles, the news that he was investigated by the FBI has made people unable to help but speculate.

What is the truth? Did Sun Yuchen really use virtual currency to cash out as reported? Where did his wealth come from?