Sun Yuchen stated in 2021 that he joined the Central Party School to study blockchain social governance

Zach Witkoff retweeted and commented "This kind of thing can't be made up," referencing Sun Yuchen's old post from July 26, 2021.

At that time, Sun Yuchen announced that he would join the Central Party School for academic research, striving to contribute to the academic progress of blockchain in China. His research work on blockchain social governance mechanisms has been opened up as he transitions from business to academia.

Concurrent Chinese reports confirmed that Sun Yuchen served as the deputy leader of the research group on "Innovative Research on Social Governance Mechanisms Based on Blockchain Technology." This project was officially established at the Central Party School, with members including experts and scholars from the People's Bank of China, the Central Cyberspace Affairs Commission, the China Academy of Information and Communications Technology, the China Information Association, Tsinghua University, Peking University, and other institutions.

The project focuses on analyzing the advantages of blockchain technology in social governance, practical applications, existing challenges, and mechanism innovations, aiming to promote innovation in social governance mechanisms.

The related old news has been revisited, sparking discussions comparing Sun Yuchen's past academic identity with his current activities.

At the market mechanism level, the exposure of his old identity strengthens public scrutiny of the project's background, shifting attention to the historical trajectories of related figures; the event is driven by the retweet of the old post, benefiting observers concerned with transparency, while the related narrative faces pressure.

Source: Public Information