CreditEase-related companies are under investigation for suspected illegal and criminal activities, with their affiliated investments previously involving cryptocurrency projects such as Circle and Matrixport.

According to the 21st Century Business Herald, the Chaoyang Branch of the Beijing Public Security Bureau announced that it has recently filed a case to investigate Yixin-related companies for suspected illegal and criminal activities. Currently, several suspects, including the actual controllers surnamed Tang and Zhao, have been subjected to criminal compulsory measures in accordance with the law. The report indicates that Yixin Group had previously fully suspended payouts on its quasi-fixed income products on May 22, and issued an apology letter to relevant investors on October 11. Yixin stated that the group has incurred significant losses across multiple business lines, and the market disposal value of its assets is relatively low. Initial findings suggest that the group may be facing insolvency and a substantial debt repayment shortfall.