Billionaire Bucks Co-Owner Alleges $1 Billion Blackmail Plot After Affair With China-Born Entrepreneur

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Source: Zero Hedge
Published: 2026-05-12 07:20 UTC+10:00
Section: General
Factuality Score: 95
Opinion Category: Neutral
Topics: Business, Asia, China, Financial Markets, Property & Housing, Asia Pacific
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Snippet:
Wesley Edens, billionaire investor and co-owner of the Milwaukee Bucks, replied to a 2022 LinkedIn message from Changli Sophia Luo, a China-born founder of a small Manhattan nonprofit that produced interview videos. Their exchanges turned personal; by June 2023 they met at her apartment and had sex, according to the Wall Street Journal, citing prosectuors.
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