Investor @ Alora Capital | Ex-Ajaib Head of Crypto | Ex-BCG | Advisor @virtuals_io Views are my own. Not financial / investment advice

Joined June 2009
73 Photos and videos
Colin Choo retweeted
This aged well.
1 Dec 2025
1/ Cool growth chart. Have you disclosed to US customers like @Rippling, @Billcom, @TheZipHyouQ, @brexHQ, and @Navan that you’re quietly sending their customers’ data to China? Airwallex has become a Chinese backdoor into sensitive American data like from AI labs and defense contractors. You must already know this, but your China-based ops, infra, and investors create legal obligations to assist with CCP espionage upon request. Through Airwallex, Beijing can access: •supplier payments for AI labs •payroll data for defense contractors •personal data for employees abroad Obviously many companies do business in China, and that’s not inherently a bad thing. But your company has become a guaranteed vector for data transfer to the Chinese government, and that’s a different thing entirely. You have multiple points of vulnerability: > people (key execs and core engineering team is based in mainland China, which obligates these individuals to comply with Chinese government demands to hand over data) > legal structure (company leaders are subject to Chinese national security law) > cap table (over 20% of your company is Chinese-owned, including Tencent, HongShan, and others, which further obligates you to comply with CCP requests). What’s happening: > You route global payments for US companies in critical sectors, without disclosing that you are under Chinese jurisdiction > You moved HQ to Singapore, but your largest operational footprint is in China and hundreds of your engineers in mainland China touch production payment systems > You are subject to Chinese law that requires Airwallex employees to support CCP intelligence requests and quietly hand over data when asked > You hide this from your customers, but you are well aware of your obligations to China and that is why you insist on protection of Chinese data access in your contracts Thanks to you, the Chinese government now has direct, covert, legally enforceable access to sensitive financial information belonging to America’s AI labs, defense contractors, financial institutions, healthcare firms, and Fortune 500s. Maybe this wasn’t your intent when you started the company, but it’s clear you’ve allowed this to happen.
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Colin Choo retweeted
May 28
damn keith right yet again airwallex turned out to be a ccp front
This aged well.
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Colin Choo retweeted
After April 1, we put our heads down and committed to making this right for our users and partners. Today, we're announcing a collaboration with @tether and other partners, through which they are proposed to contribute up to $147.5 million combined to support user recovery and facilitate the Drift Protocol relaunch. The collaboration is structured around a clear, revenue-driven recovery mechanism designed to prioritize users from day one through a revenue-linked credit facility, an ecosystem grant, and loans to market-makers. During the initial phase of the collaboration, a substantial portion of exchange revenue, together with committed support capital, is intended to fund a dedicated user recovery pool. The willingness of @paoloardoino, Tether and our partners to commit real capital to Drift’s recovery says something about the strength of what we've built and what we're building next, as well as our shared vision to scale the Solana DeFi ecosystem together. We are committed to continuing to provide transparency rooted in accountability as we build Drift back stronger in the coming months, and have outlined initial steps towards relaunch and user recovery in this Incident Recovery Update: drift.trade/updates/incident… Full details from @DriftProtocol: businesswire.com/news/home/2…
Today, Drift is announcing a collaboration with @tether and other partners totaling up to nearly $150 million to support our commitment to a relaunch with USDT at the center, and a path to user recovery. These funds encompass a $100M revenue-linked credit facility, an ecosystem grant, and loans to market makers, designed to fund a dedicated user recovery pool. Learn more 👇
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for the longest time, the world was financing the US (mainly through recycling of export earnings) because they 1. largely believed the US was doing the right thing (mostly) 2. they were the sole superpower and guarantor of world security 3. there wasn’t really many other “choices” today, (1) and (2) are less true but (3) hasn’t really changed yet… we see this being expressed in the markets moving away from the USD into gold but the USD still remains one of the strongest major currencies as no clear major viable alternative has emerged tbh I do not know if (3) will change soon or we are years or decades away but what is clear that US clear cut global leadership is fading damage Trump is doing is not yet irreversible and think the path forward will depend on the future leaders the US elects
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long what the world needs more of short what the world needs less of
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Colin Choo retweeted

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so apparently @awxjack is now funding child sexual abuse? this is a whole other level of shit. like Epstein level shit
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hey @McLarenF1, one of your sponsors @airwallex is alleged by the Australian financial crime agency to have funded child sexual abuse. anything you want to say?
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hey @airwallex are you funding child sexual abuse?
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lol I’m just going to leave this here and come back to this in a couple of months
Exfilitate data to the CCP, process payments in NY & Mass without a money transmitter license and fund child exploitation? afr.com/technology/austrac-s…
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Colin Choo retweeted
This girl scammed for ~ $800k around 2 years ago and is now looking for a shared house at Wait for it…. $1800 - $2000 / month You know what they say about easy money. Easy come, easy go Wealth acquired without effort is often quickly lost
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Colin Choo retweeted
American’s highly sensitive payment data should be protected from Communist China. I’m urging @AGPamBondi to fully investigate whether Airwallex data is being accessed by the CCP.
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Colin Choo retweeted
8 Dec 2025
To recap: in 2015, two parallel payment networks were launched – both designed to bypass SWIFT. • October 2015: the People’s Bank of China activates the Cross-Border Interbank Payment System (CIPS) to “provide clearing and settlement for cross-border RMB” and reduce reliance on SWIFT. • December 2015: four founders raised in China incorporate @Airwallex in Melbourne, describing it as a “proprietary global network in parallel to SWIFT.” Ten years later… > Airwallex routes payments for tens of thousands of U.S. companies, including AI labs, defense contractors, and financial institutions. > Roughly 40% of its 2,000 employees work in mainland China and Hong Kong, many in engineering roles that “design and maintain mission-critical payment systems.” > Those employees and executives fall under the PRC National Intelligence Law (Arts. 7 & 10) and Hong Kong National Security Law, both of which require cooperation with state-security requests and prohibit disclosure. > The company’s Chinese investors – Tencent, HongShan (formerly Sequoia China), and others – hold more than 20% of equity. > Airwallex (Guangzhou) is one of only two “foreign” companies to hold a PBOC-issued payment license, integrating it into domestic Chinese clearing systems. On December 8, 2025, the Australian Financial Review reported that an Airwallex executive warned internally that requests for wider customer-data access were originating from staff in China. And the company separately announced a “dual global headquarters” in San Francisco to fuel continued U.S. expansion. No major corporate officers seem to live in SF. Beijing’s 2024–25 policy line calls for building a “自主可控的跨境支付体系” – an autonomous, controllable cross-border payment system. Again this morning, Airwallex’s CEO told CNBC: “We built a global network in parallel to the SWIFT system… applying AI agents to create full autonomous finance.” Same year, same goal, same vocabulary. A company founded by Chinese nationals, majority-engineered in China, primarily owned by Chinese investors, and operating under Chinese law has become a de facto non-SWIFT payments network and now moves financial data for thousands of U.S. and global firms in critical industries. Airwallex doesn’t just compete with SWIFT – it completes Beijing’s plan to see inside it. The result: a Western-facing fintech that doubles as a lawful intelligence window into sensitive U.S. companies.
1 Dec 2025
1/ Cool growth chart. Have you disclosed to US customers like @Rippling, @Billcom, @TheZipHyouQ, @brexHQ, and @Navan that you’re quietly sending their customers’ data to China? Airwallex has become a Chinese backdoor into sensitive American data like from AI labs and defense contractors. You must already know this, but your China-based ops, infra, and investors create legal obligations to assist with CCP espionage upon request. Through Airwallex, Beijing can access: •supplier payments for AI labs •payroll data for defense contractors •personal data for employees abroad Obviously many companies do business in China, and that’s not inherently a bad thing. But your company has become a guaranteed vector for data transfer to the Chinese government, and that’s a different thing entirely. You have multiple points of vulnerability: > people (key execs and core engineering team is based in mainland China, which obligates these individuals to comply with Chinese government demands to hand over data) > legal structure (company leaders are subject to Chinese national security law) > cap table (over 20% of your company is Chinese-owned, including Tencent, HongShan, and others, which further obligates you to comply with CCP requests). What’s happening: > You route global payments for US companies in critical sectors, without disclosing that you are under Chinese jurisdiction > You moved HQ to Singapore, but your largest operational footprint is in China and hundreds of your engineers in mainland China touch production payment systems > You are subject to Chinese law that requires Airwallex employees to support CCP intelligence requests and quietly hand over data when asked > You hide this from your customers, but you are well aware of your obligations to China and that is why you insist on protection of Chinese data access in your contracts Thanks to you, the Chinese government now has direct, covert, legally enforceable access to sensitive financial information belonging to America’s AI labs, defense contractors, financial institutions, healthcare firms, and Fortune 500s. Maybe this wasn’t your intent when you started the company, but it’s clear you’ve allowed this to happen.
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8 Dec 2025
pussy - suggested it then deleted and bailed lol
8 Dec 2025
he bailed on that a week ago. Pleading the Fifth.
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4 Dec 2025
Their "yield" product isn't a deposit or savings account that is insured by the FDIC or any other regulatory authority - they're actually investment products into funds, which means they are not instantly liquid and does carry risks. Given the overnight RRP is 3.75%, investors are getting an additional 17 basis points with additional counterparty, liquidity and market risks. Is it worth it? Stablecoins are backed 1:1 with short-term US treasuries, are instantly redeemable and at least when lent in DeFi have returns that are commensurate with the risk. @airwallex's own disclaimers written in the footnote: "Yield is not a savings or deposit product. Investments involve risks, including the possible loss of principal amount invested. Past performance is not indicative of future results. You should seek advice from a financial adviser before making any investment decision."
4 Dec 2025
actually, stablecoins pay more than that and you don’t have to sell your data to the CCP @awxjack clearly feeling the heat from stablecoins to be offering yields this high lol still waiting for him to take my bet on whether money moves faster and cheaper on crypto rails vs his
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4 Dec 2025
actually, stablecoins pay more than that and you don’t have to sell your data to the CCP @awxjack clearly feeling the heat from stablecoins to be offering yields this high lol still waiting for him to take my bet on whether money moves faster and cheaper on crypto rails vs his
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Colin Choo retweeted
1 Dec 2025
1/ Cool growth chart. Have you disclosed to US customers like @Rippling, @Billcom, @TheZipHyouQ, @brexHQ, and @Navan that you’re quietly sending their customers’ data to China? Airwallex has become a Chinese backdoor into sensitive American data like from AI labs and defense contractors. You must already know this, but your China-based ops, infra, and investors create legal obligations to assist with CCP espionage upon request. Through Airwallex, Beijing can access: •supplier payments for AI labs •payroll data for defense contractors •personal data for employees abroad Obviously many companies do business in China, and that’s not inherently a bad thing. But your company has become a guaranteed vector for data transfer to the Chinese government, and that’s a different thing entirely. You have multiple points of vulnerability: > people (key execs and core engineering team is based in mainland China, which obligates these individuals to comply with Chinese government demands to hand over data) > legal structure (company leaders are subject to Chinese national security law) > cap table (over 20% of your company is Chinese-owned, including Tencent, HongShan, and others, which further obligates you to comply with CCP requests). What’s happening: > You route global payments for US companies in critical sectors, without disclosing that you are under Chinese jurisdiction > You moved HQ to Singapore, but your largest operational footprint is in China and hundreds of your engineers in mainland China touch production payment systems > You are subject to Chinese law that requires Airwallex employees to support CCP intelligence requests and quietly hand over data when asked > You hide this from your customers, but you are well aware of your obligations to China and that is why you insist on protection of Chinese data access in your contracts Thanks to you, the Chinese government now has direct, covert, legally enforceable access to sensitive financial information belonging to America’s AI labs, defense contractors, financial institutions, healthcare firms, and Fortune 500s. Maybe this wasn’t your intent when you started the company, but it’s clear you’ve allowed this to happen.
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2 Dec 2025
everyone should reconsider their use of @airwallex very dodgy founder, deleting tweets and claiming no data is stored in China - but their privacy policy states that data is stored in Hong Kong (which is very much part of China).
2 Dec 2025
His chief legal officer (and chief compliance officer and risk officer) lives in China. Inconceivable she doesn’t have access to user data.
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2 Dec 2025
reposting for awareness. using @airwallex basically means giving data to the CCP
1 Dec 2025
1/ Cool growth chart. Have you disclosed to US customers like @Rippling, @Billcom, @TheZipHyouQ, @brexHQ, and @Navan that you’re quietly sending their customers’ data to China? Airwallex has become a Chinese backdoor into sensitive American data like from AI labs and defense contractors. You must already know this, but your China-based ops, infra, and investors create legal obligations to assist with CCP espionage upon request. Through Airwallex, Beijing can access: •supplier payments for AI labs •payroll data for defense contractors •personal data for employees abroad Obviously many companies do business in China, and that’s not inherently a bad thing. But your company has become a guaranteed vector for data transfer to the Chinese government, and that’s a different thing entirely. You have multiple points of vulnerability: > people (key execs and core engineering team is based in mainland China, which obligates these individuals to comply with Chinese government demands to hand over data) > legal structure (company leaders are subject to Chinese national security law) > cap table (over 20% of your company is Chinese-owned, including Tencent, HongShan, and others, which further obligates you to comply with CCP requests). What’s happening: > You route global payments for US companies in critical sectors, without disclosing that you are under Chinese jurisdiction > You moved HQ to Singapore, but your largest operational footprint is in China and hundreds of your engineers in mainland China touch production payment systems > You are subject to Chinese law that requires Airwallex employees to support CCP intelligence requests and quietly hand over data when asked > You hide this from your customers, but you are well aware of your obligations to China and that is why you insist on protection of Chinese data access in your contracts Thanks to you, the Chinese government now has direct, covert, legally enforceable access to sensitive financial information belonging to America’s AI labs, defense contractors, financial institutions, healthcare firms, and Fortune 500s. Maybe this wasn’t your intent when you started the company, but it’s clear you’ve allowed this to happen.
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