Today, Jiuding Group suddenly announced that it was being inspected by the Philippine government for the source of its funds, attracting widespread attention.
The news stated that Jiuding Group received a notification from the regulatory authorities requiring an audit of the source of funds for user accounts with deposits over 500,000, and users need to provide relevant proof materials.
This news quickly spread online, sparking eager discussions among netizens, and many netizens with Jiuding accounts also expressed concerns about personal financial security. After multiple verifications, the situation is true.
Jiuding Group also issued new deposit regulations, stipulating that customers with deposit amounts exceeding 500,000 Philippine pesos (PHP) need to provide proof of source of funds.
And according to feedback from netizens, last night, there was a long queue at Jiuding's accounting office, suspected of urgently rescuing account funds!
The Jiuding Group's APP suddenly shut down the coin-to-coin exchange feature, preventing users from performing normal exchange operations.
According to the latest information, the original coin-to-coin exchange feature has been temporarily replaced with a currency exchange customer service contact.
After verification by the official customer service, the current business needs to be handled through manual customer service, and users need to wait for manual review and operation. This change has once again attracted market attention, and netizens have expressed concerns about the operational stability of Jiuding Group.
Upon this news, many netizens inquired about the situation of Jiuding Group and expressed concerns about whether Baima Hui Group, which also operates cash storage services, would face similar audits on the source of funds.
According to officials from Baima Hui Group, they have not received any inspection notices from the government, and their deposit operations are unaffected and operating normally.
The situation is still developing, please follow PASA for more updates!
