Co-founder Li Feng’s early involvement with crypto ventures has resurfaced amid Moore Threads’ rapid wealth surge, raising questions about how his past shaped the company’s trajectory. Before entering the GPU industry, Li reportedly backed several blockchain projects during China’s crypto boom, gaining both capital and technical insight. Those experiences helped him build networks with investors now fueling Moore Threads’ valuation. While none of his past activities were illegal, the overlap between speculative crypto gains and today’s tech expansion has drawn scrutiny as the company’s market influence and funding sources continue to grow.