Latest development: FCoin has been criminally investigated in Hunan

According to news from Bixin, FCoin was filed a criminal case in Hunan on Saturday morning. Previously, many FCoin victims had successfully filed cases in their places of residence, including Beijing, Wenzhou, Guangzhou, Jinan, etc.

Mr. Liu from Huaihua, Hunan confirmed to BiXin that after he deposited more than 900,000 RMB in the FCoin platform, the team said that the user's assets were damaged and could not be withdrawn. This Friday, he reported the case to the local police and provided the police with bank statements, FCoin's high-interest financial promotion information, the operation team's WeChat and other information. On Saturday morning, Mr. Liu received a notice that the case was successfully filed.

Based on the information provided by Mr. Liu, the reporter logged into the Hunan Police Law Enforcement Public System to check and confirmed that the case filing result was true.

According to the victim, among the police that have filed a case to investigate the case, Guangzhou Tianhe District has made the most progress. The reporter has provided the police with video materials proving Zhang Jian’s relationship with FCoin, video materials promoting high-interest financial management, and materials of Zhang Jian being interviewed as an “expert member of the Ministry of Industry and Information Technology.”

Filing a case is the starting procedure for criminal proceedings, which means that the public security organs have officially begun investigating and pursuing criminal responsibility of FCoin team members. It is also the first step for victims to safeguard their rights through legal means.

BiXin will continue to pay attention to subsequent developments and recommends that victims share information, report the case locally where they live, and seek legal counsel if necessary.