According to Hong Kong media Hong Kong 01, it was found through investigation that the virtual asset trading platform "HOUNAX" suspected of fraud was originally named "NC Block Chain Group Limited". There is a company with the same name in Hong Kong, originally named "Jiu Coin", which was established in 2017. Related companies involve "cross-border e-commerce" companies in Singapore, Malaysia, and Cambodia. The shareholder and director of the company is named "DENG Shijie", who is reported to live in a rural address in Qiyang County, Hunan Province, which has now been upgraded to a county-level city. The company's secretary, Chen Yaohui, is also a director of "Unimall Group (HK) Limited". According to the Hong Kong police, as of 4 pm on Monday, "HOUNAX" had received 145 reports of fraud, with a total loss amount of over 148 million yuan.
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