On January 23, the Shenzhen Municipal People's Procuratorate of Guangdong Province, after legal review, filed a public prosecution with the Shenzhen Intermediate People's Court against 30 defendants, including Sui Guangyi and Ma Xiaoqiu, for crimes of illegal fundraising in Shenzhen and other places through Shenzhen Dingyifeng Asset Management Co., Ltd., Hong Kong Dingyifeng International Holdings Group Co., Ltd. and their affiliated companies. The prosecution charges include crimes such as fundraising fraud, illegally absorbing public deposits, money laundering, embezzlement, illegally crossing national (border) boundaries, and providing false documents.
The key perpetrator in the case, Sui Guangyi, claimed to be "the reincarnation of the Big Dipper" and used the promotion of the "Zen Yi Investment Method" with high returns as a cover to illegally raise funds through fake financial products and "DDO digital options" (air coins). After the capital chain broke, the case collapsed, and the public security department has seized a large amount of assets.
