PANews reported on September 5th that, according to Caixin, Song Shijie, the owner of Beijing's largest over-the-counter margin trading platform, who owed the national treasury 22 million yuan in fines and confiscations, had paid nearly 200 million yuan in asset forfeiture settlements to the UK and the US. The UK's National Crime Agency seized his London mansion, apartment, and bank accounts, totaling 16.7 million pounds, or approximately 161 million yuan, and determined the funds were sourced from illegal securities trading in China and money laundering in the UK.

Caixin.com reported that Song Shijie was also involved in a cryptocurrency "pig killing scheme" and his three Binance accounts were frozen, containing about $10 million in crypto assets. According to a document from the Orlando Court in Florida, USA at the end of March, he avoided criminal charges by giving up his claims.