PANews reported on January 12 that Caixin.com updated its report on January 10, titled "The Sinful Life of She Lunkai, the Southeast Asian Gambling Scam King Who Was Finally Extradited Back to China After Many Twists and Turns | Past and Future," revealing that the sole partner of She Lunkai's blockchain project, "Asia Pacific New City," was the Singapore-based blockchain company BCB Innovations Limited. Fincy, a payment software based on the BCB blockchain, was also being promoted within Asia Pacific New City, aiming to create a Southeast Asian version of WeChat. Fincy and BCB share the same parent company and similar shareholders, offering fiat currency and cryptocurrency exchange transactions, as well as online games. Industry insiders pointed out that by providing fiat currency and cryptocurrency exchange and online games, it's equivalent to introducing many unrelated participants, breaking down large sums of money into smaller amounts, and ultimately converging them into a gambling platform disguised as a gaming platform, significantly weakening the supervision of fund flows.