13 Billion RMB Vanished: The Collapse of the Xinkangjia DGCX Scam
In May 2023, the platform launched the DGCX Xinkangjia Big Data Exchange, claiming to be “the official sub-station of the Dubai Gold and Commodities Exchange (DGCX) in China,” and declared partnerships with multiple state-owned enterprises such as PetroChina and COSCO Shipping. The platform used forged contracts, official letters, website screenshots, and other materials to back…
