The Xingqiao Capital brokerage platform, claiming that it is regulated by Hong Kong 🇭🇰 and that its so-called technical team was a scam developed by High-Flyer Quant's technical team, jointly harvested investors, maliciously force-liquidated the funds of all customer accounts in the early morning of August 19, and then completely absconded. This is blatant fraud, defrauding at least US$200 million. We are now reporting to the police to defend our rights