According to ChainCatcher's report, Yescoin co-founder Zhang Chi disclosed that he has been released after being detained by the police for 37 days and is currently under bail. All 4 team members involved in the case have been released without being arrested.

Zhang Chi stated that he firmly believed in his and his team's innocence during his detention and expressed gratitude for the judicial authorities' fair judicial process. After his release, he is rapidly trying to understand the full details of the event and thanked those who supported him.

Previous report, Yescoin founder Zhang Chi (Zoroo) was taken from Hangzhou to Shanghai by the police due to a dispute with his partner Wang Mouxin, and the case was once escalated to a criminal case. Yescoin is a "slide-to-earn" mini-game based on the Telegram platform.