The public security organ of Xiangyang City, Hubei Province announced that it had cracked the case of 5 people creating a false virtual currency trading platform. The accumulated amount of fraud reached 500,000 US dollars. At present, all the involved personnel have been criminally detained according to law. It is reported that the platform targets foreign countries, especially those netizens in non-Chinese environments.
On April 1st, China Gold released an explanatory announcement regarding media coverage. The Beijing R&F Plaza store operated by franchisee Beijing Sandingyuan Gold Jewelry Co., Ltd. violated the Franchise Franchise Agreement signed with the company, engaged in the so-called "worry free gold bar booking" business without authorization, and stopped operating activities without authorization on December 27, 2023, unable to redeem products purchased by consumers, causing a negative impact and attrac...