Caixin reported that Aqua 1 Foundation, an investment institution based in the United Arab Emirates, previously spent $100 million to buy WLFI tokens issued by World Liberty Financial, the Trump family’s crypto project. That purchase put Aqua 1 ahead of Justin Sun, who had cumulatively invested $75 million, making Aqua 1 the largest known WLFI buyer mentioned in the report.
The report said Zhou Guren, born in Shanghai in 1984, is the beneficial controller of Aqua 1. According to Caixin, Zhou is still listed on China’s enforcement information disclosure platform as a dishonest judgment debtor. The report said the listing involves six cases with combined unpaid debts totaling tens of millions of yuan.
Caixin also said a recent indictment provided by the UK’s Crown Prosecution Service shows that Zhou is additionally tied to a money laundering case in the United Kingdom.
Odaily reported, citing Caixin, that Aqua 1 Foundation, an investment institution from the United Arab Emirates, previously spent $100 million to purchase WLFI tokens issued by World Liberty Financial, the Trump family’s crypto project. That amount exceeded Justin Sun’s cumulative $75 million investment, making Aqua 1 the largest WLFI buyer mentioned in the report.
Caixin said Zhou Guren, who was born in Shanghai in 1984, is the beneficial controller of Aqua 1. The report added that Zhou is still listed on China’s enforcement information disclosure system as a dishonest judgment debtor, involving six cases with combined unpaid debts totaling tens of millions of yuan.
In addition, a recent indictment provided by the UK Crown Prosecution Service shows that Zhou is also involved in a money laundering case in the United Kingdom.
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