--- title: "Sun Yuchen wins the defamation lawsuit, receives an apology from Sina and compensation of 31,338 yuan" type: "News" locale: "en" url: "https://longbridge.com/en/news/229875484.md" description: "Sun Yuchen won the defamation lawsuit, receiving a public apology from Sina and compensation of 31,338 yuan. The Beijing Internet Court ruled that the article published by Sina regarding Sun Yuchen's alleged insider trading constituted a violation of his right to reputation. Sina issued an apology statement on February 7, 2025, and decided not to appeal on February 26" datetime: "2025-02-27T08:32:04.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/229875484.md) - [en](https://longbridge.com/en/news/229875484.md) - [zh-HK](https://longbridge.com/zh-HK/news/229875484.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/229875484.md) | [繁體中文](https://longbridge.com/zh-HK/news/229875484.md) # Sun Yuchen wins the defamation lawsuit, receives an apology from Sina and compensation of 31,338 yuan \[Sun Yuchen wins defamation case, receives apology from Sina and 31,338 yuan in compensation\] On February 27, news broke that Sun Yuchen announced on social media that he had won his defamation lawsuit against Sina. The Beijing Internet Court ruled in favor of Sun Yuchen on December 31, 2024, determining that the article previously published by Sina titled "Sun Yuchen suspected of insider trading, FBI and IRS have launched investigations" constituted defamation. Sina issued a public apology on February 7, 2025, and chose not to appeal on February 26, having paid 31,338 yuan in compensation ## Related News & Research - [Honeywell Advances Breakup Plan As Aerospace Unit Files To Go Solo](https://longbridge.com/en/news/277652881.md) - [MiniMax Group, Inc (0100): New Buy Recommendation for This Technology Giant](https://longbridge.com/en/news/277711815.md) - [Nvidia’s GTC Bombshell: Buy Now or Wait?](https://longbridge.com/en/news/277697813.md) - [EXCLUSIVE-Walmart-backed PhonePe targets up to $10.5 billion valuation in India IPO, sources say](https://longbridge.com/en/news/277734421.md) - [SoFi Stock Rises On Million-Dollar Insider Buy, Mastercard Stablecoin Deal](https://longbridge.com/en/news/277667146.md)