Du Jun's Heco Project Accused of Breach of Contract, Investors Claim Founder Missing

Industry figure @benlinbaofu stated that Du Jun founded Heco as a Huobi partner in 2018 and launched the MdeX project. After receiving significant user investments, he refused to fulfill contractual obligations, including updates on business and financial progress, and subsequently went missing.

Venture capital can accept failures, but cannot tolerate fraudulent behavior where founders abscond with funds.

Source: Public Information