On March 4th, according to NetEase Qingliu Studio, Wang Shuiming, a native of Anxi, Fujian who was arrested in Singapore's largest money laundering case, has been arrested in Montenegro and will be extradited back to China. Wang Shuiming's partner, Su Weiyi, was confirmed to be the mastermind behind the Hong Kong cryptocurrency platform scam AAX. In July 2024, Su Weiyi was arrested by the Hong Kong police.
In November 2022, Atom Asset Exchange suddenly failed to withdraw funds and went bankrupt, causing Su Weiyi to withdraw HKD 16.74 million (approximately RMB 15.675 million) and flee. In July 2024, Su Weiyi was arrested by the Hong Kong police. It is worth mentioning that Su Weiyi and other partners jointly own other companies, which are associated with Alice Guo, a former Filipino Chinese mayor who has been convicted.