fraudulent donation

It is reported that Wu You, the founding partner of Jinghu Capital, announced to donate 11 million yuan to his alma mater, but became a dishonest executor after being sued by the alma mater foundation for failing to fulfill the donation commitment at the end of the term. After the event caused heated debate, Wu You, the party concerned, responded to the “fraudulent donation” event on the social media account on the evening of March 14, saying that “he had signed a donation agreement of 11 million yuan with his alma mater. Later, due to the serious loss of the Bitcoin contract, the equity project invested by Jinghu Fund had a serious liquidity crisis and could not be withdrawn. As a result, his alma mater recently filed a lawsuit to the court.” Wu You of Jinghu Capital responded to the “fraudulent donation” to the Mining University: failed to perform the contract due to the financial crisis such as the Bitcoin…