Security company Slow Mist stated that the Mixin Network cloud service provider database was attacked on September 23, and the funds involved were approximately US$200 million. The Mixin team subsequently issued a document stating that Mixin Network deposit and withdrawal services have been temporarily suspended. Public information shows that Mixin Network has a close relationship with Li Xiaolai. Li Xiaolai had previously claimed to be the earliest investor in Mixin and had also posted on Weibo to promote Mixin.
Golden Finance Tianyancha found that Mixin founders Feng Xiaodong and Li Xiaolai are both shareholders of Fegelman (Beijing) Technology Co., Ltd. Currently, Feng Xiaodong holds 94% of the shares and Li Xiaolai holds 5%. The official website of Fegelman (Beijing) Technology Co., Ltd. is displayed as Mixin. In addition, Luo Yonghao joined Fegelman’s shareholders in February 2016, holding 4% of the shares. In February 2023, Luo Yonghao withdrew from Fegelman’s shareholders.
Luo Yonghao previously posted on Weibo in 2018: “I once invested more than 1 million in currency speculation, and I have never cared about it since then, and these coins have risen to more than 30 million.”
