DeepSeek2026-09-04 03:46:11Caijing says DeepSeek fundraising drew steep intermediary fees and fake allocation claimsA Caijing report said some intermediaries marketing access to DeepSeek investment allocations were asking for unusually high fees, with terms described as "18% upfront and 35% on the back end." Under that structure, an investor committing 100 million yuan would first pay 18 million yuan, then give up 35% of any future returns. The report added that even investors willing to accept those terms still had no guarantee of receiving an allocation. According to the report, DeepSeek conducts look-through identity checks on participating investors and on the limited partners behind investment funds. The investment also carries a five-year lock-up period, during which transfers are not allowed. Aside from the National Artificial Intelligence Industry Investment Fund, most outside investors do not receive voting rights or board seats and only share in financial returns based on their contribution. The report also described a broader wave of fake allocation claims and intermediary disorder around the fundraising. Some institutions claimed to control large allocations but did not make the final investor list. In another case, an investor reportedly paid a 5 million yuan "meeting fee" in an attempt to reach Liang Wenfeng, but the effort did not succeed.800
Iran2026-08-10 07:44:27Iran Says No Talks With Washington, Exchanging Info via IntermediariesIran's Foreign Ministry spokesperson said Aug. 10 that Tehran is not currently holding negotiations with Washington. The two sides are exchanging information through intermediaries instead, according to BlockBeats. No further details were provided in the flash update.1930
