JuCoin was still very principled when it was in Zhang Shousong's hands. I remember participating in the private placement of the platform's token back in 2021. Although the market was not good at the time and I hardly made any profit, there was no problem in preserving the principal.

But ever since it was transferred to Liu Shuaijie's hands, various bizarre market behaviors have occurred, and I haven't dared to participate again. Including later when someone asked me to promote JU Coin, I simply refused.
In my opinion, this is completely negative energy money, not only cannot hold its value but also seriously affects my magnetic field. If I take it on, it’s like planting evil causes, and the bad results are just a matter of time.
The current situation proves that my initial judgment was very correct.
1. @DarcyAri Uncovered that JUCoin's official 500 million USD PoR reserve is all fake, with the ability to arbitrarily increase issuance of USDT/USDC (see Figure 1).
2. @Showy005 Discovered that the reason JUCoin kept delaying was waiting for the core team to exit safely. Once they all appeared, they immediately emptied all user assets and reset to zero (see Figure 2).
3. @lugeweb3 Compiled a list of 182 scam KOLs. If you are on the list and physically in China, be careful. As long as the impact is large, the serious handling of JuCoin’s flight is inevitable. Whether it’s classified as gambling, fraud, or aiding and abetting, it’s all enough to cause trouble (see Figure 3).
In summary, JuCoin is completely finished. I also found that the merchants who were previously active in accepting JuCoin in our circle have stopped.
From our perspective as bystanders, never take money from selling cabbage and act as if you’re selling white powder.