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Luo Yonghao once made a fortune of 30 million yuan by investing in BTC in 2018 and urged the company’s employees: Rest assured at work—don’t trade or speculate in cryptocurrencies.

MeNews
ME News message: On May 16 (UTC+8), according to a post on X by crypto KOL Ma Siqi, “Here’s a fun fact: In addition to having both been ‘Northeast-famous teachers’ at New Oriental—along with the original Bitcoin OG Li Xiaolai—Luo Yonghao also had a great deal of private contact with Li Xiaolai, and in 2018 they made more than 30 million (RMB) by investing in Bitcoin. That year, he even advised the company’s young employees to rest assured and focus on their work—don’t trade cryptocurrencies.” (Source: ODAILY)
BTC0.62%
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MultisigOnRocks
· 7h ago
Are all the people who come out of New Oriental so good at “making money”? Li Xiaolai, Luo Yonghao—so who’s next?
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ForkingDrama
· 7h ago
The obscure knowledge has become popular knowledge, veteran Luo's crypto circle veteran confirms it.
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GateUser-f4fbd803
· 7h ago
Lao Luo’s move is something else—he makes money quietly on his own, tells his employees not to trade crypto, a classic “old-seasoned sucker” mindset, hahaha.
View OriginalReply0
Frost-ColoredCubeCity
· 7h ago
So, does Luo still owe money that includes this 30 million contribution?
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GateUser-78aae297
· 7h ago
Are all the famous teachers in Northeast doing side jobs in investing? Teaching English is just a cover.
View OriginalReply0
PaperhandsPoet
· 7h ago
Laughing to death, betting everything oneself while advising young people not to play, this is very Luo Yonghao.
View OriginalReply0
SandwichDodger
· 7h ago
Over 30 million in 2018—back then, how much was Bitcoin worth? I’m jealous of this return rate/ROI.
View OriginalReply0

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