
星球日报|Sep 14, 2025 07:38
[Jia Yueting: 'Crypto Flywheel' CXC10 Will Operate Independently, Faraday Future's Value Will Not Be Diluted]
Odaily Planet Daily News - Jia Yueting posted on the X platform stating that the 'Crypto Flywheel' CXC10 will operate independently and raise funds, while its core value will still be integrated into Faraday Future (FFAI). The growth of cryptocurrency will not dilute Faraday Future's value, as the two flywheels are independent yet mutually reinforcing.
It is reported that Jia Yueting also responded to the short-selling report by the short-seller firm Wolfpack Research. He stated that the report is based on outdated rumors, out-of-context interpretations, subjective assumptions, and blatant falsehoods. Legal action is being taken, and there will be no compromise in safeguarding the interests of all shareholders and the vision.
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