Lao Zheng, I’m truly so disappointed in you. You’re still the same as ever, exploiting loopholes at every turn and deliberately dodging every core issue. I spoke out not because I was unwilling to accept losing 30,000 U, and I’ve never blamed you entirely for that loss. I simply don’t want to see you keep using fake screenshots to deceive even more newcomers on Binance Square. People really should have a conscience. Sadly, you go around scamming retail investors and fans while hiding behind a façade of sincerity!

After posting, you bombarded other people with calls, urging them to come and take your side, and even used alt accounts to manipulate the comments. Seeing you and your partner act like this, I really feel helpless. In my entire long post, you picked out the one thing that had nothing to do with you and went on and on about it, making yourself out to be the righteous one. You said nothing at all about every other key issue.

When I woke up this morning, quite a few fans who’d also been deceived and ripped off by you contacted me. They said you called me a clout-chaser in your livestream. I honestly don’t understand. I’m just an insignificant small-time retail trader. I’m exposing the truth, and you say I’m after attention? Meanwhile, you’ve published several posts responding to me and even pinned one. If what I said wasn’t true, why are you so rattled? My influence is tiny; I’m not worth all this effort. Yet everything you’ve posted avoids the main issue. You haven’t said a single word about the fraud from beginning to end.

All right, today I’m bringing out all the evidence so you won’t have any loopholes left to exploit. I received encouragement from a lot of big influencers last night, which gave me even more courage to tell the truth. At last, I no longer feel like I’m standing alone. Thank you all for being willing to help me, and for helping spread the truth.

Lao Zheng is good at putting on an act. He often makes himself seem sincere and righteous, and from time to time portrays himself as powerful and flush with money. The moment someone questions him and he’s about to be exposed, he immediately plays the victim and begs for sympathy, saying how hard things are for his parents. It’s a tactic he’s always used.

The first time he got me involved, he sent me a screenshot showing over a million U and told me he was doing incredibly well in this scene, all to get me to pay 1,000 U in tuition. Because of our past friendship, I chose to trust him without question. I had no issue with paying tuition itself. But after I paid, there was no instruction or course material at all apart from being told to follow Alpha. I even had to join the livestream to boost the atmosphere. He told me to ask questions in the livestream. Put plainly, I paid money but got treated no differently from some random person dropping into the stream. At the time, I was a single mother and pregnant. I was being careful not to get upset or worked up, so I let it go back then.

But what happened afterward is what I find hardest to get over.

Later, when people were talking about it, I found out that screenshot had been stolen. When I heard you talking about it, my mind went blank. Weren’t we friends? You talked about being sincere with people, then turned around and used a stolen, fake screenshot to scam people—your target was even someone close to you who trusted you. When you and your partner talked about it in the group, you were laughing and joking. You didn’t think there was anything wrong with it; it was as if it were just an ordinary thing to do. You were simply happy that the scam had worked.

After that, I still wasn’t making any money and didn’t want to keep wasting time in crypto. You’d promised I’d make my money back in a month, so it was perfectly reasonable for me to ask you for an explanation. But the moment I brought it up, Lao Zheng got incredibly worked up and started cursing me out. Then his partner joined in too. They knew perfectly well I was a single mother, six months pregnant, and should have shown me some understanding. Instead, they showed no mercy at all. They took turns blaming and insulting me, saying horrible things to hurt me and deliberately trying to upset me until I was miserable and falling apart. They bombarded me with calls and texts, so I couldn’t get any proper rest. After all that abuse, he gave me 600 U back as if he were tossing money to a beggar, then blocked me. Even now, I sometimes wake up in the middle of the night or have nightmares. I really don’t want to relive that experience…

I didn’t record the phone call when you verbally abused me. I was already falling apart at the time. It never occurred to me that one day I’d have to come forward myself and expose what you’ve done.

Next, let’s talk about the fake live-trading account. The account his partner showed in her Plaza screen recording wasn’t theirs at all. The actual owner is called louis. I have Lao Zheng’s brother on WeChat, and his brother doesn’t have that name. Longtime fans and group members all know that there’s someone called louis in the group—a wealthy man who doesn’t say much. You’d both been deliberately sucking up to him for a long time. The situation is pretty clear: the account belonged to this group member, louis. Now you’re telling people it was an account used for investments by your cousin or your mother. That’s ridiculous.

Lao Zheng used that borrowed fake live-trading account to rip off quite a few new followers over time. If it really was an account his mother used for investing, why was Lao Zheng asking Big B for money through Huabei to pay rent last year? The timeline doesn’t add up at all. Many longtime group members saw your true colors and realized you were a scammer. Afraid you’d fleece them, they chose to distance themselves early and protect their money.

As it happens, I know the “cousin” his partner mentioned in her clarification video on the Plaza, and I have him on WeChat. He isn’t overseas at all; he’s in Urumqi. I suspect you arranged the story with him beforehand and prepared a voice message to whitewash things, deliberately releasing it to win people’s trust. Honestly, do you really think anyone will believe this kind of cover-up?

I’m speaking out about all this because I hope you’ll stop scamming people. Let me remind everyone what you did using that fake live-trading account: you urged people to buy the SOL dip just to earn rebates, and encouraged everyone in the group to go all in with a huge position. You claimed publicly that you’d sold three houses to go all in, when in reality you’d only bought 4,000 U. Many people who trusted you lost a lot in that run. And what did you do? You blocked everyone who couldn’t take the losses and came to you for help, and bombarded them with calls too. These details came out accidentally from your partner.

Your actual investment was only 4,000 U, right? You knew the risks full well, but what about the fans who followed your call and entered the market with huge positions? For the sake of earning a tiny rebate, you threw away your conscience and principles? You could have honestly told everyone you weren’t investing much, instead of hyping everyone up in the group to go all in just to earn rebates. Your trading skills are awful. You’ve harmed countless beginners who knew nothing, and quite a few people got liquidated because of you. That’s why I absolutely had to come forward today and expose you.

Also, you promised everyone in the group that copy trading with you would guarantee profits and keep drawdowns under 20%. You urged people to support you, raised 200,000 U through crowdfunding, and even borrowed 2,000 U from a fan as margin to open positions. But when the market moved, all you did was stubbornly hold your positions. If your skills aren’t up to it, you really shouldn’t be leading trades. You’re recklessly squandering other people’s hard-earned money. Using that fake live-trading account, you collected another round of rebates, while the fans who trusted you suffered huge losses once again.

In private, you often put down many KOLs on the Plaza, saying some really nasty things and claiming they’re all inferior to you. You’re afraid people will switch their rebate links to other KOLs or join someone else’s strategy group, so you keep brainwashing people in the group and deliberately smearing your peers, insisting that you’re the best. People can tell right from wrong. Many of the bloggers you privately disparage are the very same big shots you treat with such politeness and humility, sucking up to them in your livestreams.

I honestly don’t really understand your partner’s behavior. You were born in 1991, so you’re not much younger than the Guru. Why make fun of him?

Today, I’ve completely lost faith in you. You never apologized to everyone. I’ve now seen your true colors for what they are, and all I got were two posts twisting the facts and desperately trying to whitewash your actions. What goes around comes around. You say your partner is now timid and in a bad state of mind. Take a moment to think about it: could it be because you’ve done too many shameful things on the Plaza?

I’m just an insignificant small-time retail trader on the Plaza. My voice carries little weight, and posts I make can easily disappear without a trace, with barely anyone seeing them. We simply can’t stand by and watch more newcomers be deceived and harmed by you. We victims chose to ask B哥 for help by submitting a post. But by the time it reached you, the story had become that he was using me as a pawn. Once again, you’ve made yourself out to be the innocent victim. You don’t even realize that your actions may have broken the law. The internet isn’t beyond the reach of the law, and it’s not a place where you can do whatever you want.

Today, I’m putting all the evidence in front of you. I didn’t want to release the screenshots, but you insisted on twisting the facts. A lie is still a lie—how are you going to whitewash this? What other loopholes are you going to try to exploit? You and your spouse know perfectly well how many people you’ve ripped off, blocked, and deceived. Maybe it’s gotten to the point where you can’t even count them anymore. What goes around comes around, and now the time has come!

You shouldn’t be called the Plaza’s number-one couple. You should be called the Plaza’s number-one pair of fraudsters!