Xinkang Jia platform exposed to crash: when capital pools are linked to stable coins, money can be quickly transferred across borders.

During the investigation, the journalist found that the "Xin Kang Jia" platform appears to be a fund pool with a combination of a Ponzi scheme core and a pyramid sales structure. It attracts funds by using virtual asset investment as an excuse and stablecoin as a payment method, gathering funds through recruiting new members. In the end, the operator quickly transfers the stablecoins across borders using a "mixer."