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

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.  

What followed, authorities say, became an extortion case. Luo was indicted for allegedly trying to extract over $1 billion by threatening to release explicit images and videos. Prosecutors claim she repeatedly contacted Edens’s relatives, warned she would approach investors, and vowed to ruin him. She faces four charges, including blackmail and evidence destruction, and has pleaded not guilty. Released on $500,000 bond, she awaits trial.

Edens was not initially named, but a spokesman confirmed he is “Victim-1.” He reported the matter over safety concerns and is expected to testify. His side declined further comment: “Mr. Edens will be making no comment on the case as the indictment speaks for itself with respect to the charges against the defendant.”

The WSJ writes that Luo’s attorneys argue she sought accountability for what they describe as “an inappropriate and aggressive sexual encounter,” asking the court to dismiss the case. Federal prosecutors have not commented.

The dispute highlights reputational risks when personal relationships involving high-profile figures unravel. Victims often hesitate to involve authorities, partly because cases can expose private details.

“Extortion victims usually don’t want to cooperate, and don’t want to go to the government—for the very reasons that extortion or blackmail work,” said defense lawyer Scott R. Wilson.

Investigators began looking into Luo in early 2025 after Edens’s lawyer contacted the Manhattan U.S. attorney’s office. After their encounter, Luo sent Edens a message: “I never told you I love you, and tonight I want to tell you that, I have been restraining my feeling for you, as I do love you from the bottom of my heart!” He didn’t reply.

Months later, prosecutors say her tone shifted. She allegedly contacted Edens’s then-girlfriend (now wife), his ex-wife, and claimed the encounter was nonconsensual due to mental incapacity. She warned him: “I am sure your family and business partners will learn about you and your misdeeds from these interviews and will provide exposure that will taint your record forever.”

Seeking to stop further contact and avoid publicity, Edens agreed to mediation. Luo negotiated with his lawyers and, according to her side, a $6.5 million settlement was reached, with $1 million upfront. Later, she said she had contracted HPV-16 and sought far more money—prosecutors say up to $1.215 billion.

After hiring attorney Tyrone Blackburn, she allegedly escalated threats, including releasing images and “destroying” Edens. Defense lawyer Arthur Aidala argued those statements were aggressive negotiation, not extortion, and said prior counsel should have warned her.

Blackburn denied encouraging any threats: “To ever say that I in any way encouraged her to engage in acts of extortion…that is a baldfaced lie.”

In May, the FBI searched Luo’s apartment and found hidden phones, including one containing manipulated explicit material featuring Edens, prosecutors said. She was arrested June 14 at JFK Airport while attempting to fly to China.