PLG CEO Chen Jianzhou (left) and Huang Weixuan (right).

(taken from Steaker official website)

〔Reporter Liang Weiming/Taipei Report〕Before the third season of the PLG League of Taiwan Professional Basketball League, it announced in October that it has become a sponsorship partner with Steaker, a virtual asset allocation platform. Suspected of stealing money and defrauding hundreds of millions of yuan, they were searched by the police. PLG urgently issued a statement to cut off at night, announcing the termination of the cooperative relationship.

PLG’s short statement stated: “Since the world’s second largest cryptocurrency trading platform FTX filed for bankruptcy in November, Steaker, the original sponsorship partner of the alliance, has also suffered greatly. After the communication and coordination between PLG and Steaker, the alliance has recently terminated the sponsorship with Steaker. partnership.” However, the main sponsor is suspected of money-absorbing fraud, will it affect PLG’s healthy image and sponsorship income?

The league has yet to respond.

Please read on...

Huang Weixuan, the founder and CEO of Steaker, a virtual asset allocation platform, announced in mid-October that he would sponsor PLG with an amount as high as 8 figures. At the age of 30, he also revealed in his personal community that the main reason for sponsoring tens of millions of dollars was to watch basketball The fan audience, regardless of age group, preferences, and spending power, is very similar to the virtual currency group, and basketball is a healthy and positive sports event.

And it can support the development of Taiwan's local basketball activities, communicate with the team back and forth with one stroke, and also achieve the sponsorship of this season's top sponsors.

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