Odaily Planet Daily reported that Guo Hongcai posted pictures on social media showing that Zhao Dong appeared in the United States and has been released from prison.
As previously reported, on May 12, 2021, the Xihu District People's Court of Hangzhou heard the case of Zhao Dong and Zhao Peng. Zhao Dong and Zhao Peng were convicted of aiding and abetting fraud. Zhao Dong was detained on June 24, 2020, and arrested on July 18.
Zhao Dong and Zhao Peng were implicated in the illegal disposal of virtual assets from a platform called Tiantian Xiangshang (a platform offering points). Zhao Dong and Zhao Peng converted the digital assets involved in the illegal online payment platform into fiat currency. Zhao Dong received a 70% share of the profits from the OTC business.
According to a previous report by Mobile Payment Network, the "Day Day Up" platform is a money laundering criminal gang headed by Zhou. The platform is involved in illegal settlements and is backed by a large number of overseas gambling websites. The amount involved in the case is 3.1 billion yuan.

