Du Jun: $50 Million Loss in the Crypto Industry is Merely a "Entry-Level Trial-and-Error Cost"

BlockBeats News, February 25th, ABCDE founder Du Jun pointed out in a post that in the crypto industry, especially in projects involving funds, if you haven't experienced a $50 million loss, you may not have even joined the game. Although $50 million is a significant absolute value, it is not outstanding in the crypto industry. Looking back at the industry's history, from Mt. Gox, Luna, PayPal to FTX, and last week's Bybit, every top project has faced losses in the hundreds of millions of dollars. In the face of such scale, $50 million can only be considered as an entry-level trial cost.

Prior to this, Du Jun commented on the Infini hack, saying, "The Infini issue is not significant. I've talked to the team, and their operation strategy, marketing, and financial strength are all good. Losing a small amount of money to learn a lesson and strengthen security capabilities is better than losing a large amount of money by going big. If needed, I can provide $5 to $10 million in funding. I was just worried about not being able to invest."