Chinese Crypto Exec Quits Amid Sexual Harassment Probe

• Yu Jun, founding partner of A&T Capital, resigned from his position earlier this month.
• His resignation follows allegations of sexual harassment against him by several women on social media.
• Ant is now conducting an investigation into the incident and cooperating with authorities.

Chinese Crypto Exec Quits Firm Amidst Sexual Harrasment Probe

A&T Capital’s founding partner Yu Jun has reportedly resigned from his position earlier this month due to “personal issues” as cited by the crypto fund. However, allegations of sexual harassment had been made against him by several women on social media sparking widespread outrage among Chinese crypto investors and developers. Ant is now conducting an investigation into the incident and cooperating with authorities.

Background Information

Jun was an investment director of Ant and assisted the Jack Ma-backed fintech empire to establish A&T Capital, which has been investing in offshore crypto projects since 2014. He had previously worked at OKX Investment as well.

Investigation Into Harrasment Allegations

An Ant spokesperson confirmed that the matter is under police investigation and added that the company does not “tolerate any behavior that violates laws, regulations or its ethical codes.” Binance co-founder Yi He also tweeted about how women should respond to such harassment incidents without directly commenting on Jun’s case.

Jasmine Zhang Takes Charge Of Probe

A&T Capital said that another partner, Jasmine Zhang, will be in charge of a probe into Jun’s alleged behavior while they cooperate with authorities on the matter.

Conclusion

The case serves as a reminder for all companies to take such allegations seriously and ensure their workplace remains safe for everyone involved regardless of gender or other factors.

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