Key Points:
- A&T Capital tweeted that his partner Jun Yu is currently having some personal problems under investigation.
- Previously, Jun Yu was accused by many victims, including employees of A&T Capital, of rape and sexual harassment.
- Yu Jun is no longer with A&T, but the company will fully cooperate with the investigation process of the relevant units.
The company influenced by partner A&T Capital has established an independent investigation team led by founding partner Jasmine to investigate and clarify the incident of partner Jun Yu related to the sex scandal.
According to official sources, A&T tweeted that Mr. Jun Yu is currently facing some personal problems and is being investigated for rape and sexual harassment.
A&T firmly adopts a zero-tolerance attitude towards unethical or illegal behavior.
Although Yu Jun is no longer at A&T, A&T Capital will fully cooperate with the investigation process of the relevant units, pay attention to monitoring the progress and results of the investigation, and wait for the fair judgment of the judicial authorities.
At the same time, A&T established an independent investigation team led by founding partner Jasmine to conduct a comprehensive investigation into the entire case process and communicate the investigation results to all employees. If office ethics are violated, they will be severely punished.
“Mr. Yu Jun used to work for A&T Capital on behalf of one of our investors, and he has resigned from the investor’s company. Accordingly, Mr. Yu will no longer be involved in our investors any work of A&T Capital and will no longer represent the Fund. This change will not affect the Fund’s operations.”
As mentioned in an earlier Coincu News article, Jun YU, founding partner of Ant Financial’s crypto fund A&T Capital and former director of OKX Investment, was harassed by several women, including his former employee at A&T Capital, for alleged “rape” and sexual harassment.
The scandal affecting its reputation prompted A&T Capital to send a letter to investors stating that Yu Jun represented one of their investors (probably Ant Financial) and was appointed to A&T Capital. However, he quit his job at the investor’s company.
OKX Investment also had to immediately clarify that they have yet to receive any feedback on Jun Yu’s behavior during their time working at the company. The company also did not have any cover for him.
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