Entrepreneur Taiyuan “Popo” Chen quickly made a name for himself when he co-founded video streaming platform 17 Media in mid-2015, then achieved six million app downloads and closed a $10 million Series A funding round before the year was done. He was 24 years old. A year later after a $23 million Series B round, Singapore-based social networking platform Paktor bought a controlling stake.
He launched his next project in 2017 Cobinhood, an eccentrically named cryptocurrency service platform that is home to the world’s first zero-fee, high-frequency cryptocurrency trading platform.
When day trading across different crypto exchanges, Chen had found exchange fees quickly wiped out any profits...
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