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【Southeast Asia gambling tycoon She Lunkai's blockchain project is associated with the BCB-based payment application Fincy】
Caixin reported on the update "After many twists and turns, the Southeast Asian gambling tycoon She Lunkai was extradited back to China | Past and Future", revealing that the only partner of She Lunkai's blockchain project "Asia-Pacific New City" is the Singapore blockchain company BCB Innovation Ltd. The Fincy payment software based on the BCB blockchain is also 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 shareholder members, providing fiat and cryptocurrency exchange transactions, as well as online gaming.
Industry insiders pointed out that by providing fiat and cryptocurrency exchanges and online games, it effectively introduces many unrelated participants, breaking down large amounts of funds into smaller pieces, which ultimately converge into a gambling platform disguised as a game, significantly weakening the regulation of the flow of funds.

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