Li Lin, the founder of the fire coin: emptying Weibo for security reasons

On September 25, Li Lin, the founder and chairman of the Fire Coin, wrote on the social media that “because it has not used Weibo for five years, for security reasons, it cleared the Weibo and applied for cancellation of the account.” September 24 The media reported that Li Lin emptied his personal Weibo. Due to the sensitivity of the period, this news triggered a series of speculations such as supervision, blockchain policy and the upcoming landing of the fire currency on the Hong Kong Stock Exchange. Li Lin said that the act of emptied Weibo led to speculations from the outside world and caused certain market panic. This essay clarified this.