According to the Economic Observer, YuZhi Financial, which claims to be engaged in "virtual asset copy trading," has been exposed for allegedly attracting investors with high returns. Recently, its virtual asset trading app "HSEX" has been reported by multiple investors to be unable to process normal withdrawals. The platform then required 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 Office of the Leading Group for Preventing and Combating Illegal Financial Activities in Yulin City, Guangxi Zhuang Autonomous Region, and the Financial Affairs Center of Shigu District, Hengyang City, Hunan Province, had issued related risk warnings. The Hong Kong Stock Exchange also disclosed that YuZhi Financial and its related entities HSEX and HKEX have been repeatedly listed as suspicious websites and have no association with the Hong Kong Stock Exchange.