Apple iPhone maker’s founder distances himself from crypto fraudsters using his image

Terry Gou, founder of Apple iPhone maker Foxconn, Saturday mentioned that fraudsters have been using his pictures to advertise cryptocurrency scams and that he has by no means invested within the crypto trade.

See associated article: Foxconn pledges to spice up metaverse growth this 12 months

Quick information

  • In a Fb put up on Saturday, the Taiwanese mogul mentioned by his workplace administration that his legal professionals have gotten in contact with authorities to launch an investigation into the matter.
  • Beforehand in December, Gou mentioned that solely an underground financial system would undertake cryptocurrency and the crypto market was nonetheless blended with the great and the dangerous with nice hypothesis.
  • Foxconn, nevertheless, is betting large on the metaverse. In January, Foxconn’s laptop {hardware} subsidiary Ennoconn Company mentioned it had a deal to obtain a NT$1.1 billion (US$36.7 million) funding from Google to cooperate on metaverse tasks in Taiwan.
  • In November, Foxconn organized a web-based digital occasion the place Gou appeared as an avatar to show the corporate’s e-vehicle and metaverse ambitions.
  • HCM Capital, an funding agency sponsored by Foxconn, can be lively within the crypto and blockchain house, with Bitcoin monetary providers firm Unchained Capital and crypto funding administration agency Galaxy Digital in its portfolio.

See associated article: Foxconn’s Terry Gou: mainstream financial finance couldn’t be decentralized