According to Caixin, Kwai Bun, the 47-year-old founder, major shareholder, and CEO of QMMM, a Hong Kong-based cryptocurrency treasury company that was ordered to suspend trading by the US SEC, is from an artistic family. His grandfather was Gui Mingyang, a master of one of the five major schools of Cantonese opera. As QMMM's largest shareholder, his latest annual report shows that Kwai Bun holds 8.25 million shares. Based on the pre-suspension price of $119.4 per share, his holdings are worth $985 million. Hong Kong media outlets contacted Kwai Bun after QMMM's suspension, but he immediately hung up after realizing the call was from a reporter. QMMM had previously reported plans to establish a diversified cryptocurrency treasury with an initial size of $100 million. However, its Hong Kong headquarters was recently found to be deserted. Upon contacting staff at another nearby company, they claimed the company had relocated in September and were unaware of the relocation.