Core Viewpoint - Jay Chou, a prominent figure in the Chinese music industry, has publicly expressed frustration over the disappearance of his friend and magician, Cai Weize, who managed his cryptocurrency investments, potentially involving amounts up to 200 million TWD (approximately 46 million RMB) [1][7][9]. Group 1: Cryptocurrency Involvement - Cai Weize was responsible for managing Jay Chou's Bitcoin investments, which are now in question due to his sudden disappearance [7][9]. - The cryptocurrency market experienced a significant downturn on October 11, with over $19 billion in liquidations, which may have impacted Cai Weize's ability to manage the investments [9]. - Jay Chou had previously ventured into the cryptocurrency space with the launch of the Phantom Bear NFT project, which saw a dramatic price drop of over 90% within six months [1][11]. Group 2: Business Ventures and IP Value - Jay Chou's company, JVR Music, has been instrumental in managing his music-related business, contributing significantly to his wealth through music rights and concert revenues [13][18]. - The company, Superstar Legend, has seen substantial growth, with a market capitalization of 84.34 billion HKD, nearly doubling since the beginning of the year [2][17]. - Superstar Legend reported a revenue of 584 million RMB in the previous year, marking a 35.75% increase, although net profit saw a decline of 58.88% in the first half of the current year [15][17]. Group 3: Legal Actions and Reputation - Jay Chou is reportedly preparing to take legal action against Cai Weize due to the unresolved financial issues stemming from the cryptocurrency investments [8]. - Cai Weize has a controversial reputation in the magic community, with allegations of financial mismanagement and unfulfilled obligations to partners and employees [7][9].