TechFlow reports that on February 12, according to an announcement from the Dongyang Municipal Public Security Bureau in Zhejiang Province, police are investigating a fraud case involving suspects Hu and Jia using "Xirang Coin." The case spans from January 2022 to December 2024.
Police urge victims who invested in "Xirang Coin" during this period to bring copies of their identification documents and investment evidence—including project investment screenshots, bank transfer records, third-party payment records, and TP wallet addresses—to the Hengdian Branch of Dongyang Public Security Bureau for case registration within three months of the announcement's release.
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