Oh my god, Jay Chou really got scammed. I originally thought it was just a joke, haha. It turns out that his “magician friend,” Cai Weize, took over the Bitcoin custody/spot trading management of Jay Chou’s new Taiwan dollars worth more than 100 million, and as a result the account was locked up—while the funds completely went missing. In the end, Jay Chou finally couldn’t take it anymore and posted a series of “time-limited story” search notices, writing, “If you don’t show up, you’re done.”

What’s even more ridiculous is that at the beginning, Cai Weize was also crying and saying that someone was chasing him for debts, and Jay Chou, out of trust, gave the other party some time. But in recent months, there’s been no word at all, and he’s completely unreachable. Some people speculate that it may have been due to the big market drop last October—when Cai Weize got liquidated while trading, and the funds were gone, or he may have simply run away.

Netizens have been joking, “The magician turned the money into thin air,” and some have lamented that Jay Chou was also lured into trouble by the crypto world. This matter has caused quite a stir in both the entertainment industry and the crypto community—it really is quite outrageous. To be honest, this is exactly the risk of trusting friends to manage your assets, and Cai Weize’s case is also pretty typical.