Recently, Tao Yun Capital issued a statement saying that the solemn statement on the economic disputes between Tao Yun Capital and Lexin Holdings is black-and-white, ridiculous and full of lies and malice, just like what Lexin has done to our company and many investment institutions in the past few years. At present, Jia Yueting hides behind the door of his luxury house and refuses to accept any legal documents.
Taoyun Capital filed an enforcement and freezing procedure against Jia Yuetong in California Court of Justice on Dec. 11. Moreover, the California Court issued a temporary restraining order on Dec. 13 to freeze the 33% equity of Jia Yuetong in Faraday Future (FF) and issue a temporary protection order (TRO) on four properties in Jia Yuetong California.
Source: Responsible Editor of Netease Science and Technology Report: Qiao Junyi_NBJ11279