Media: Due to the change of company address, the “blockchain scam” interesting step investigation process may be delayed

Today, some media broke out that Hunan Funbu Network Co., Ltd. (hereinafter referred to as "Foobu") is suspected of illegal pyramid schemes, illegal fund-raising, amount fraud and other illegal acts, and has been investigated by the relevant units. Interesting steps have been exposed by many parties as a scam and a pyramid scheme fund for “blocking the block.” According to the enquiry, the "reported investigation" reported today is actually a reply on August 13, more than half a month ago. The relevant regulatory authorities did not give clear conclusions on the nature of the “fun step”, and with the relocation of the company, the administrative jurisdiction changed, or to some extent affected the investigation process.