Golden Finance reported that according to an interview between Colin, editor-in-chief of Wushuo Blockchain, and Huang Yifeng, senior of Zhang Yufeng at Shenzhen University, Zhang Yufeng, who was previously reported by many media to have donated 50 million to Shenzhen University one year after graduation, was later found to have falsified his resume, did not actually donate, did not even graduate normally, defaulted on online loans, forged FTX employee status, etc. In addition, after Zhang Yufeng gained the trust of alumni by fraudulent donations, he frequently asked acquaintances around him for money in the name of investment plates in the past year, and did not return them on time after the stipulated time expired. For this reason, many victims even called the police. Huang Yifeng said that Zhang Yufeng claimed to have some cryptocurrency plates that could double in a few months. After the investment of his friends expired, Zhang Yufeng began to default and found many ridiculous excuses, such as being hospitalized in Hong Kong. After many victims called the police, Zhang Yufeng's parents, who ran a printing factory in Dongguan, helped repay part of the debt. Zhang Yufeng was warned for arrears in rent at Shenzhen Bay One. Zhang Yufeng even defaulted on an online loan of 6,000 yuan.