Economic Observer: YuZhi Finance-related virtual asset projects reported to have withdrawal restrictions; multiple regions have issued risk alerts

Golden Finance reports that, according to the Economic Observer, YuZhi Financial, which is disguised as “Virtual Asset Copy Trading,” is suspected of using high returns as a gimmick to attract investors. Recently, its virtual asset trading app “HSEX” has been reported by multiple investors to be unable to withdraw funds normally. The platform then要求 users to pay a “self-certification deposit” amounting to 20% of their total account balance and increased the withdrawal fee from 10% to 30%. Previously, the Office of the Joint Prevention and Control of Illegal Financial Activities in Xinyi City, Guangdong Province, the Leading Group Office for the Prevention and Suppression of Illegal Financial Activities in Yulin City, Guangxi Zhuang Autonomous Region, and the Financial Affairs Center of Shigu District, Hengyang City, Hunan Province, had issued relevant risk alerts. The official Hong Kong Stock Exchange also disclosed that YuZhi Financial and its related entities HSEX and HKEX have been repeatedly listed as suspicious websites and are unrelated to the Hong Kong Stock Exchange. Industry experts point out that such projects lack实体经营支撑, with high returns promised and recruitment rebates as core features. Investors are warned to be vigilant against the诱惑 of high returns in the virtual asset field and to防范非法金融风险.