According to Lianhe Zaobao, A&A Group lied about buying a cryptocurrency mining company in Yunnan, China, and defrauded more than 700 local investors in Singapore of 6.7 million Singapore dollars. Its CTO Wang Xinghong from China was sentenced to five years in prison. The defendant’s accomplices include a man named Yang Bin, who is the chairman of A&A Group. Yang Bin’s experience is very legendary. He once ran Eurasian Agricultural Enterprises and was appointed as the Governor of the Sinuiju Special Administrative Region by the North Korean government. He was later arrested by China on multiple charges and was released on parole on September 26, 2016.