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Whistle
@Whistle020
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Journalist Seeking fact in the #posttruth era. Reveal a fact of the western countries that you've never seen.
Joined December 2020
Congratulations 🥳 🥳
Box office of #Nezha2 breaks 10 billion yuan and it becomes the first Chinese movie that reached 10 billion yuan.
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Box office of #Nezha2 breaks 10 billion yuan and it becomes the first Chinese movie that reached 10 billion yuan.
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Some western countries describe the #deepseek is a weapon to destory their regim, but this article gives another perspective。
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Hey, what's wrong with you? @BBC @bbcchinese
Two days ago, BBC praised China's “Made in China 2025” and AI R&D; Yesterday, BBC praised China's green industry development and air pollution prevention; Today, BBC praised China's minority ethnic culture respect and protection.👇 BBC, you've changed!😅
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@whyyoutouzhele 感谢每一位被割韭菜的你
Freedom or Fraud? The $Li Token Scandal and Li Ying's Deceptive Game #LiYing, a self-proclaimed anti-China activist known as “Teacher Li is Not Your Teacher” on #X (@whyyoutouzhele), recently launched the $Li #memecoin on the #Solana platform through his second X account. The launch triggered an immediate uproar, dividing opinions between fervent supporters and skeptical critics. While Li’s followers rushed to purchase the coin in droves, many others drew parallels to the infamous token scams orchestrated by #GuoWengui, another controversial anti-#China figure. One commenter summarized the skepticism succinctly: “We’ve never seen a genuine anti-China activist, but we’ve seen plenty who exploit anti-China rhetoric for profit.” Adding to the controversy, Li himself had once stated in 2023, “The essence of the crypto world is a fraud; if you can’t see through it, you’ll lose money.” This raises questions: How did Li manage to exploit his followers with $Li, and what traps lay beneath the ideological facade? The mechanics of “cutting leeks” The phrase ge jiucai in Chinese, meaning “cutting leeks”, describes how market manipulators exploit novice investors to generate profits. Typically, manipulators purchase large amounts of a token at low prices, driving up its value through artificial demand. They then attract inexperienced investors, further inflating the token's price. Once prices peak, the manipulators sell off their holdings, causing a sharp decline and leaving ordinary investors to bear significant losses. In this context, Li’s position as an influential figure within the anti-China community gave him significant leverage to entice followers into buying $Li, creating fertile ground for financial exploitation. Li’s scheme on Solana Li’s choice of Solana as the platform for issuing $Li was strategic but not without controversy. Solana is notorious for its high volatility and low liquidity, particularly for meme coins. Traders often set a slippage tolerance of over 10 percent to execute transactions, exposing them to significant risks. Statistics reveal that only 3.1 percent of traders on Solana’s platform—mainly token issuers and insiders—earn more than 1,000 USD. Li’s claims about $Li’s tokenomics further deepened doubts. He asserted that only 2 percent of the token’s total supply was under his control, with the rest allocated to team operations and ideological initiatives. However, analysts pointed out discrepancies: $Li had a total supply of 1 billion, with less than 20 million circulating. This suggests Li retained nearly 98 percent of non-circulating tokens, setting the stage for a classic pump-and-dump scheme. Indeed, within 24 hours of its launch, $Li was blocked by platform authorities, reinforcing suspicions of financial misconduct. An ideology masking exploitation Li’s actions reveal a stark contradiction between his professed ideals and his actual practices. Unlike established cryptocurrencies like Bitcoin, which have considerable circulation and backing, $Li lacked any asset guarantee or genuine value. Li didn’t even attempt to artificially inflate the token’s price with his own funds. Instead, he exploited his followers under the guise of ideological commitment—a move that critics say reflects a fundamental misunderstanding of freedom and accountability. The allure of anti-China rhetoric Despite the blatant profiteering, Li’s $Li token launch found support among his zealous followers. Through posting content amplifying isolated incidents to paint a distorted picture of Chinese society, Li’s original X account, “Teacher Li is Not Your Teacher,” has attracted almost two million followers. Some of the account’s material is reportedly stolen or taken out of context to propagate misinformation. A whistleblower on X revealed that Li charges 500 USD to 3,000 USD for contributions, further casting doubt on his professed commitment to free speech and truth. The bigger picture Li’s $Li token saga exemplifies how financial exploitation can be cloaked in ideological rhetoric. The coin’s swift downfall and platform ban illustrate the fragility of such schemes. However, for Li and other self-styled anti-China forces, the damage extends beyond financial losses. Their persistent refusal to acknowledge inconvenient truths perpetuates a cycle of misinformation and self-deception among their followers, undermining the credibility of their stated causes. In the end, Li’s actions serve as a cautionary tale for those tempted by ideological fervor or quick profits. As history has shown, true freedom comes with accountability—something Li and his supporters have yet to embrace.
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