On May 13, Beijing time, Luo Yonghao officially ended a six-year hiatus by posting "Let's give it a try" on both his new and legacy X accounts. While his new profile remained dormant since June 2020, he reactivated the older account after reportedly recalling the password overnight. The account header now displays the logo for his podcast "Luo Yonghao at the Crossroads," accompanied by links to previous episodes.

However, the immediate impact of his return extends far beyond podcast promotion, as his posts have triggered significant engagement within the crypto community. His top pinned post serves as a stern warning against scammers attempting to leverage his name for fraudulent cryptocurrency promotions. Given that X functions as the primary hub for Web3 discourse, Luo's reentry inevitably places him at the center of interactions with active crypto enthusiasts. Data compiled by Woofun AI indicates that this return has already generated substantial discussion volume regarding his historical ties to the industry.

Luo's connection to the Web3 ecosystem predates this return by eight years, tracing back to the ICO boom of 2017 and 2018. During this period, he achieved substantial financial gains, later stating on X that his earnings were sufficient to purchase an entire island had he chosen to act unscrupulously. He revealed that numerous scammers approached him with large sums of money, contingent only on his silence regarding their false claims. In May 2018, Luo publicly criticized Wang Qianchuang, a former senior programmer at Hammer Technology, for prioritizing crypto trading over his professional duties. This incident marked his first public disclosure of cryptocurrency holdings on social media, where he noted an initial investment of 1 million yuan in BTC that appreciated to over 30 million yuan. Although he expressed skepticism toward speculative trading and declined to conduct ICOs pending government policy, he maintained that blockchain technology held the potential to transform the world.

During the "Wang Feng's Ten Questions" event in late May 2018, Luo confirmed that Hammer Technology was actively researching blockchain applications, including the development of blockchain phones, though he refused to disclose specific details. He reiterated his 1 million yuan BTC investment, which yielded a 30-fold return, attributing the decision to advice from a friend widely speculated to be Li Xiaolai. Li Xiaolai, a former colleague at New Oriental, also gained prominence through BTC investments in 2017. Public records confirm that Luo became a shareholder of Feigerman (Beijing) Technology Co., Ltd., a company affiliated with Mixin, in 2016 alongside founder Feng Xiaodong and Li Xiaolai. Luo withdrew as a shareholder in February 2023, preceding a major security breach in September of the same year where Mixin suffered losses of $200 million. Woofun AI notes that Luo's exit from the company occurred just months before the catastrophic hack, preserving his successful 30x return on BTC while avoiding direct liability for the subsequent losses.

Despite his success in crypto investments, Luo's management of Hammer Technology faced severe challenges. By the end of 2018, rumors circulated regarding the company's financial instability, citing overdue supplier payments, layoffs, and ongoing legal disputes. These issues escalated into 2019, culminating in November when Luo posted on Weibo about being added to the court's list of individuals subject to consumption restrictions. He published an article titled "The Confession of a 'Deadbeat' CEO," sparking intense online debate. During this period of vulnerability, crypto influencers capitalized on the attention. 孙宇晨 was the first to extend an offer, proposing to hire Luo as a spokesperson for Tron's entrepreneurial spirit with an annual salary of 1 million yuan, with a potential increase to 10 million yuan upon success. Luo later characterized this offer on X as one of the "most stingy" proposals he received.

Concurrently, Xu Kun, the chief strategy officer of OKX, expressed interest in inviting Luo to join the exchange. In response to these overtures, Luo replied in the early hours of the morning, thanking the crypto community for their respect but clarifying that he had no plans to issue his own cryptocurrency. This stance marked a definitive boundary between his past financial successes in the sector and his current operational focus. After more than six years of direct disengagement, Luo's return to X has reignited scrutiny over his identity and intentions, with some users questioning the authenticity of the account. While his reputation for outspoken criticism remains, the landscape of the crypto industry has shifted dramatically since 2017. Woofun AI analysis suggests that Luo's reentry will test the evolving dynamics between traditional entrepreneurs and the decentralized finance sector, potentially creating new narratives in an industry he once both embraced and rejected.