ChainCatcher news, according to Jinshi reports, the Futian Branch of the Shenzhen Public Security Bureau issued a notice stating: "Dingyifeng" and its affiliated companies issued false financial products and "DDO digital options" (which belong to "air coins"), engaging in illegal activities and have suspected criminal offenses. In order to legally combat crime and protect the legitimate rights and interests of investors, the public security authorities have taken criminal coercive measures against Sui Mouyi, Ma Mouqiu, and others on suspicion of fundraising fraud and other crimes.Currently, the case is under further investigation. The police urge investors to actively cooperate with the public security authorities in the investigation and evidence collection, truthfully reflect the situation of the case, legally and reasonably express their demands, and not to believe or spread rumors.

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.

ChainCatcher news, according to the People's Procuratorate of Luohu District, Shenzhen, the case of the criminal suspect Hu Rong for the crime of fundraising fraud has been transferred to the procuratorate for review and prosecution by the Luohu Branch of the Shenzhen Public Security Bureau. The investigation agency determined that since 2017, Jiang Wei (already prosecuted), Huang Xiaofei (already prosecuted) and the criminal suspect Jiang Wanhao (alias: Jiang Guoqing, handled in another case) held promotional meetings and forums in multiple locations to promote the blockchain virtual currency project launched by Hong Kong Zhichuang Technology Co., Ltd. to the victims, boasting high returns and enticing attendees to continuously invest.It is reported that the criminal suspect Hu Rong, as a key member of the criminal gang, actively promoted to investors and collected investment funds from them. According to the reported materials and the hierarchical chart from China Enterprise News, Hu Rong's studio received a total of 85,834,460.63 yuan, paid out 24,294,316.93 yuan, and netted 61,540,143.70 yuan from investors.