Guangdong Golden Key Group explodes, resulting in virtual currency losses of nearly 69 million yuan

律动BlockBeats|May 03, 2025 04:20
According to BlockBeats, on May 3rd, according to the Economic Observer, China's Guangdong Golden Key Group collapsed in mid April, involving an amount of approximately 1.34 billion yuan. Chairman Lin Chunhao announced that he has fled to the UK and admitted in his "farewell letter" that all funds have been exhausted.
The group recruited investors through financial lectures, promising an annualized return of 6% -9%. The funds were used for P2P lending, stock trading, and virtual currency investment, among which virtual currency losses amounted to 68.98 million yuan. At present, the Shenzhen Public Security Economic Investigation Department has initiated an investigation.
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