When Was Zhao Dong Caught in the Coin Circle?

When was Zhao Dong caught in the coin circle? When was Zhao Dong caught in the c

When Was Zhao Dong Caught in the Coin Circle?

When was Zhao Dong caught in the coin circle? When was Zhao Dong caught in the coin circle?

He is the founder of the coin circle, and the coin price is soaring. From June 2014 to early 2018, he frequently promoted his investment project “Bitcoin” on Weibo and Telegram groups. At the end of 2013, he issued multiple ICO tokens in his personal name and crazily pushed up the market at the end of 2017. He used various marketing methods to attract many investors to join this platform for speculation and manipulation. After 2016, he also launched a digital currency trading tool called “Litecoin” to induce users to participate. In September 2017, Zhao Dong suddenly ran away from the coin circle, and then began to split. It has transformed from the original Bitcoin community into a blockchain alliance. After mid-2018, the foundation also joined forces with several other exchanges to launch a website called DFund, specializing in cryptocurrency trading services and promotional activities. At the end of February 2020, Zhao Dong announced that due to suspected embezzlement of customer funds, the company decided to suspend all business development and employee salary payments, etc.

In late December 2015, the “grandson of Li Xiaolai” made a statement on his circle of friends: “I bet you give me some money.”

In late April of the same year, Zhao Dong disbanded a team under his control. Most of the remaining team members are currently dormant and mainly responsible for maintaining team operations and product iterations, but details will be announced gradually in the future. The “grandson of Li Xiaolai” continued to establish a WeChat public account for the new company. As of the end of the first quarter of 2019, only three of these websites remained: Huobi, OKEx, and Binance, FTX, Gate.io, including Coinbase, Kraken, and Gemini, without any new actions. (Wu said blockchain)

As of around 16:45 on May 31, 2020, Zhao Dong in the coin circle is already one of the top three holding accounts. According to media reports, Zhao Dong in the coin circle transferred to a virtual asset management platform in early March 2021, suspected to be over-the-counter trading. After that, in mid-January 2018, he was taken away by the police for investigation and is currently cooperating with the public security organs in the criminal filing of Zhao Dong and his accomplices.

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