TechFlow news, according to exclusive information from Lianchaguan, Zhao Dong was summoned by police on June 19 (Note: RenrenBit team members provided screenshots indicating that Zhao Dong sent external messages on the 22nd) and has since been detained for 46 days. Sources revealed that Zhao Dong's case is not directly related to OTC activities, but rather suspected involvement in assisting capital flight. The distinctive feature of Zhao Dong's OTC team’s business is enabling digital assets to be converted into overseas assets, such as US dollars, euros, or even real estate. So far, three staff members from Zhao Dong's team have been released, suggesting that the police investigation is largely complete. However, Zhao Dong and two other senior team managers remain detained and may face substantial fines.
Additionally, the source disclosed that police possess video footage showing members of Zhao Dong's team drinking with individuals suspected of illegal foreign exchange transfers at a KTV, which triggered the investigation. Zhao Dong's family and the RenrenBit team are currently making active efforts to secure his early release.
