ChainCatcher news, recently, the Haikou Intermediate People's Court of Hainan Province upheld the original judgment in the "Vika Coin" case in the second instance, sentencing Liu Mouyan, Huang Mouzhi, and Liu Mourui to fixed-term imprisonment ranging from 13 years to 3 years for the crime of fundraising fraud, along with fines.In the first-instance court's judgment, Liu Mouyan was sentenced to 13 years in prison and fined 700,000 yuan for fundraising fraud; Huang Mouzhi was sentenced to 8 years in prison and fined 500,000 yuan for fundraising fraud; Liu Mourui was sentenced to 3 years in prison and fined 100,000 yuan for fundraising fraud. After the verdict, Huang Mouzhi appealed.The Haikou Intermediate Court held that the original judgment determined that the appellant Huang Mouzhi and the original defendants Liu Mouyan and Liu Mourui illegally raised over 16.62 million yuan with the intent of illegal possession using fraudulent methods, and their actions clearly constituted the crime of fundraising fraud, thus upholding the original judgment.Previous news from August 2022, the Qiongshan Branch of the Haikou Public Security Bureau successfully solved a case of investment fraud involving virtual currency for elderly care, arresting 9 suspects. The criminals guided middle-aged and elderly individuals to invest in the virtual currency "Vika Coin" for profit, with the amount involved exceeding 20 million yuan and over 100 victims.