Industry Response: Controversy Erupts as Figure with Questionable History Enters Crypto Space

Former Web2 Controversy Resurfaces in Cryptocurrency Community

A significant ethical debate has emerged within the cryptocurrency community after Xu Haojie, a content creator with a controversial past, has begun establishing himself as a cryptocurrency Key Opinion Leader (KOL). The situation has drawn attention after a co-founder of a major cryptocurrency exchange engaged with his content, sparking community concerns about the industry's reputation management.

Background: Previous Allegations and Public Image Issues

Xu Haojie initially gained recognition in the Chinese online community through his entrepreneurial content and digital presence. However, around 2017, he faced serious allegations regarding inappropriate conduct. According to reports, these allegations included:

• Operating a website with inappropriate content targeting minors
• Publishing content described as having concerning tendencies toward children
• Making public statements on social media platforms that raised significant ethical concerns
• Commercial activities involving the sale of questionable merchandise

These allegations severely damaged his reputation in traditional social media circles, leading to a significant reduction in his Web2 presence following the controversy.

Transition to Cryptocurrency Content Creation

Despite the previous controversy, Xu appears to have pivoted toward the cryptocurrency industry. According to public information, he has been consistently producing cryptocurrency-related content since March 9, with some videos reaching view counts exceeding ten thousand.

What has particularly concerned industry observers is that this content has apparently gained attention from high-profile figures in the cryptocurrency space, including engagement from a co-founder of a prominent cryptocurrency exchange.

Community Reaction and Industry Standards Discussion

The revelation has prompted significant discourse within the cryptocurrency community about professional standards and reputation management. Many community members have expressed concern that the cryptocurrency industry should maintain strong ethical boundaries rather than becoming a refuge for controversial figures from other sectors.

One cryptocurrency commentator expressed particular frustration, stating that the cryptocurrency ecosystem should function as a space for innovation and positive development rather than a "rehabilitation platform" for individuals with problematic histories.

The situation raises important questions about the responsibility of industry leaders and platforms in vetting the content creators they promote or engage with, as well as broader considerations about the cryptocurrency industry's public image as it continues to work toward mainstream adoption.

As the industry continues to mature, many observers suggest that maintaining strong ethical standards will be crucial for long-term credibility and sustainability in the broader financial ecosystem.