Today, Tang Ning was arrested in Beijing, which is actually quite a big deal for the entire capital and cryptocurrency circles Yixin has been investigated by Chaoyang Branch, and Tang Ning and his wife Zhao Mei have both been subjected to criminal coercive measures It stopped trading five months ago and has been dragging on until today There are many people in the pit Nearly 100000 customers, ranging from 30 to 50 billion, many of whom have invested for over ten years On May 7th, new products were still being sold, and on May 22nd, someone was still paying for them Yixin's own financial advisor also invested money in their own products, but now they have lost their job and money Their plan is called net principal redemption, investing 1 million and earning 300000 yuan in interest. The remaining principal that can be recovered is 700000 yuan, and they haven't said when to give it back Someone is already accepting these contracts at a discount of 2.3% to 30% Yiren Zhike is the Yiren Loan from back then, NYSE:YRD。 Now at $1, it peaked at $52.66, a drop of 98%, with a market value of over $10 million On May 22nd, the news of the clearance came out, and it fell 14.44% on the same day. The US stock market hasn't opened yet today, who says how much it rises or falls today is just a fabrication Yixin is not a novice in the encryption industry I invested in Circle in 2016, when USDC had not yet shown any influence Later on, Matrixport, LayerZero, Cashmere Wallet, and Poko all invested, and even established IOBC Capital in Singapore to specialize in Web3 The projects it invests in all emphasize transparency and compliance, with Circle having full reserves for public audits and Matrixport having a bunch of licenses It sells its own fixed income products, but the underlying debt is unknown to investors who have signed contracts. Half of the listed companies are listed in the list of abnormal operations or have already been deregistered There is currently no evidence to suggest that this hole was caused by cryptocurrency investment losses, nor is there any evidence to suggest that the customer's money was used to buy coins or transferred to the blockchain. It has nothing to do with the cryptocurrency industry, so don't push it this way Yixin is no longer on Circle's shareholder list and has left early Matrixport is not listed, and it cannot be found whether it still holds shares or not Several local exchanges, including Baotou Property Exchange, Hebei Property Rights Market, and Foshan Property Exchange, were brought out to provide listing channels for Yixin in the past. In 2021, the Securities Times named them Yixin Wealth has invested in over 400 companies, and currently there are still 49 of them Now investors have only one way to report the case, the registration platform of stakeholder cases in the official account of Ping An Beijing Chaoyang, or send the ID card bank card contract flow chat record to the Economic Investigation Detachment of Chaoyang Branch By the way, some people say that those who can help with early redemption are all scammers