$1 Billion in BTC Rumored to Have Been Purchased By NetEase CEO
Screenshots of conversations by alleged close friends of William Ding, the billionaire CEO of NetEase, led to widespread rumors that Ding may have been the man masquerading as Yi Mei. The rumors became so serious that Ding eventually had to publicly address them, saying that he has never owned Bitcoin and that he has ‘great concerns’ about the future of Bitcoin’s blockchain network. Founded by Ding in 1997, NetEase is a Chinese internet technology firm that provides ‘content, community, communications, and commerce,’ but the company is perhaps best known for its vast presence in online gaming. Ding was declared as China’s richest man in 2003 when he also became the first internet and gaming billionaire in the country.