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This NYU student owns a $6M crypto mine. His secret is out

The student’s story has become a case study in how Chinese nationals can move money from China to the United States without drawing the attention of authorities in either country.

Connecticut , United-states , Arkansas , China , New-york , California , Wyoming , New-york-university , Texas , American , Chinese , Jeffreyr-immelt

This NYU Student Owns a $6 Million Crypto Mine. His Secret Is Out.

This NYU Student Owns a $6 Million Crypto Mine. His Secret Is Out.
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Connecticut , United-states , Texas , China , California , Arkansas , New-york-university , New-york , Wyoming , Chinese , American , Yu-hao

How a uni student came to own a US$6 million crypto mine

Jerry Yu has the trappings of what the Chinese call second-generation rich. He boasts a Connecticut prep-school education. He lives in a Manhattan...

Connecticut , United-states , New-york-university , New-york , California , Wyoming , China , Texas , Arkansas , American , Chinese , Sun-xiaoying

This NYU student owns a $9m crypto mine. His secret is out.

A legal dispute in a small Texan town has revealed how Chinese nationals can move money to the US without drawing the attention of authorities.

China , Arkansas , United-states , Texas , Wyoming , New-york , California , American , Chinese , Sun-xiaoying , Madeleine-kennedy , Jessica-jung

This N.Y.U. Student Owns a $6 Million Crypto Mine. His Secret Is Out.

A legal dispute in a tiny Texas town unexpectedly reveals how Chinese nationals can move money to the U.S. without drawing the attention of authorities in either country.

Connecticut , United-states , New-york , Wyoming , China , Arkansas , Texas , New-york-university , Chinese , American , Brent-loudder , Gavin-clarkson

This NYU Student Owns a $6 Million Crypto Mine. His Secret Is Out.

Jerry Yu has the trappings of what the Chinese call second-generation rich. He boasts a Connecticut prep-school education. He lives in a Manhattan condominium bought for $8 million from Jeffrey R. Immelt, a former General Electric CEO. And he is the majority owner of a bitcoin mine in Texas, acquired last year for more than $6 million. Yu, a 23-year-old student at New York University, has also become — quite unintentionally — a case study in how Chinese nationals can move money from China to the

Connecticut , United-states , Wyoming , California , Texas , Arkansas , China , New-york-university , New-york , American , Chinese , Yu-hao