Former virtual currency company endorsed by Li Qiansheng, a former member of BIGBANG, was sued

According to BNTNews China, the representative of the virtual currency company Nupay, who received investment from a number of investors, was sued for failing to return the investment money for fraud. It is reported that in November last year, the virtual currency company Nupay signed an advertising endorsement contract with Victory. The target was launched in March and the advertising was completed with the support of YG Entertainment. Then, the victory was implicated in the "Burning Sun" incident, so Nupay asked the former company YG Entertainment to fully refund the contract amount and reached a partial agreement.