Zhu Xiaoqing, CEO of Distributed Bank Public Network DCC, was wanted by Jiangsu Provincial Police

On May 8, the Jiangsu Provincial Police issued a wanted order to retire 20 people who were mainly involved in black crimes, including Zhu Xiqing, CEO of the Distributed Bank Public Network DCC. The reasons for the detailed overnight were not announced. According to public information, it is highly probable. It is because its cash loan platform is the same as Niu Technology's cash loan "anti-aircraft gun", the interest rate is extremely high, far exceeds the legal red line, and even suspected of violent collection. At the end of last year, Tongniu Technology Hangzhou Headquarters and the head of the Beijing branch were successively “taken away from the investigation”, and the relevant employees of the major shareholder and the party were also “taken away”.