Lao Ye was a Viet Cong warlord during the war of Vietnam.

Trying to stop Iron Man from being created, Kang the Conqueror kidnapped and impersonated Lao Ye to enter in Wong Chu's camp (Lao Ye had more authority than Wong Chu). The false Lao Ye then confiscated a power unit that Stark would need to create the first Iron Man armor. However, time-travelling heroes stopped Kang and restored the power unit before the timestream could be damaged.

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