TechFlow news — On November 6, according to The Paper, the Futian District Public Security Bureau of Shenzhen issued a notice on the evening of November 5 stating that "Ding Yi Feng" and its affiliated companies are suspected of engaging in illegal activities by issuing fraudulent financial products and the "DDO Digital Option" (identified as a "scam cryptocurrency").
Public security authorities have taken criminal compulsory measures against key suspects including the company's actual controller Sui Mouyi and Ma Mouqiu on suspicion of fundraising fraud and other crimes. The case is currently under further investigation.
The notice emphasized that police urge investors to actively cooperate with investigative work, truthfully report details of the case, and reminded investors to legally and rationally express their demands, refrain from believing or spreading rumors, and effectively protect their legitimate rights and interests.
