"I can turn your ten thousand into one hundred thousand, one hundred thousand into one million, one million into three million, three million into ten million." There was this sister who, in her early years, was active in the cryptocurrency circle, appearing in national roadshows, promoting so-called thousandfold coins. After being involved in dozens of projects, she ran away with the money. Rumor has it that she was also deeply involved in multiple love affairs with several big names in the cryptocurrency circle, cutting over a hundred million before ultimately escaping unscathed.
While others were hiding everywhere due to leeks seeking justice, she directly confronted the leeks and even publicly announced her address in a hotel abroad. Her righteous yet shameless demeanor truly made me somewhat admire her. Indeed, those who can make a name for themselves in the cryptocurrency circle are all queens, shining with confidence. So today, let's talk about Sister Zhixin, the cryptocurrency internet celebrity who once dominated the scene, cut leeks to make money, and then ran away from the circle.
"The capital market is a bloody battlefield, and some people look down on others. I used to be very kind, but this society has twisted me. I am still very kind now, but I have become stronger." This confession, although I cut leeks, but I'm a kind-hearted good person, comes from Sister Zhixin's Weibo video in 2019, which is also one of her famous quotes. In this video, there is actually only one sentence that is correct: there is gender equality in the capital market; you are either the one cutting leeks or the one being harvested—only these two identities. And Sister Zhixin, of course, chose the path of cutting leeks without hesitation.
Her story actually starts from 2015, a year when she was still considered an outsider. Before entering the cryptocurrency circle, she was a diligent and honest person, serving as a manager at a beauty salon in Wuxi. However, just like every successful person has the ambition to overturn their fate, Sister Zhixin was not content with her position as a beauty salon manager. After suffering heavy losses in an investment scheme called postal currency cards, losing hundreds of thousands, she once considered committing suicide in despair. We don't know if this experience of being cut as a leek inspired her, allowing her to deeply understand and realize what it feels like to be a leek.
After summarizing and perfecting the tricks of cutting leeks, she started her own leek-cutting journey and did it exceptionally smoothly. Indeed, that Dragon Slayer Sister ultimately became a dragon herself. When she first entered the circle, she started with SMT splitting, a CX project, which earned her her first pot of gold. This success made her taste sweetness, and she continued to engage in many projects, basically earning a quick profit and running away, gradually accumulating considerable wealth. In this way, she had fully grasped the CX strategy, and roadshow presentations were a piece of cake, with the ability to inflate 0 to 100 being essential homework for all CX investments.
Moreover, she was not short of money, frequently giving out red envelopes and small favors, bringing in a multitude of fans. Additionally, by entering the cryptocurrency circle early and understanding its benefits, she met many men who later became major players in the space, such as Mars Man and Bill from Bill Capital. By 2017, she officially entered the world of project parties, and her harvesting methods became increasingly bold and unrestrained. 2017 was the last bull market for Bitcoin, and with Bitcoin's explosive growth, hot money flooded into the industry. At that time, for the domestic market, the cryptocurrency circle was still a blue ocean.
Generally speaking, if an industry is in its early stage of wild growth, even pigs can fly at the wind. Thus, various so-called cryptocurrency big shots appeared, but among them, 99% were scammers. After a round of bull and bear markets in 2022, we haven't heard their names again, and Sister Zhixin happens to be one of them. She may not be the one who scammed the most, but she is definitely the most direct scammer. Starting around June or July 2017, she began to hype coins loudly, and soon after, in July and August, she started private placement agency investments. In reality, she knew nothing about blockchain technology or trading; she didn't care as long as she could keep making money. The so-called unity of knowledge and action was probably just that.
She brought her two years of polished CX experience to the cryptocurrency circle and started agency investments. Then she promoted a project called Fala Coin in various communities, officially starting her harvesting journey. At that time, she, who was not short of money, relied on her brazen deception from 2017 to 2019 to complete her bloody primitive accumulation. According to incomplete statistics, she led dozens of projects, such as Fala Coin, Sanjiebao, Hero's Love, etc. The so-called agency investment means that the agent provides resources and channels to contact the project party and obtain chips at the lowest private placement price. Those participating in the private placement only need to pay the agent with money or coins, and the agent can take a portion of the commission.
Generally speaking, agency investments like this require contracts, which at least provide some sense of security. However, most retail investors in 2017 did not do this. Why? It is actually related to the environment of the booming cryptocurrency market in 2017, where new projects emerged every day, and after going online, returns were often several times, dozens of times, or even hundreds of times. People are like this; the most uncomfortable thing is not that they didn't make money themselves, but that when the same opportunity is in front of them, and their neighbor Wang earns more than they do, it is simply more unbearable to see others make money than to lose their own.
It was precisely because at that time, it seemed too easy to see others making money; every day a new myth of sudden wealth was born, causing many people's rationality to directly leave home. Regardless of whether the project was known, whether it was domestic or foreign, or what it was about, as long as there was private placement, they would bet everything. Therefore, at that time, the phenomenon of agency investment was also very popular. In that environment, it seemed that what everyone was competing for was not the quota, but the money. By the time you signed the contract, the quota had long been gone. Moreover, what kind of person is Sister Zhixin? Knowing so many cryptocurrency big shots and having money, she certainly wouldn't cheat, right? However, most people who held dreams of getting rich overnight were equally deeply awakened by the loudest slap.
So why, by 2022, have we not heard of any of these chaotic coins? Because as early as 2017, they were already dead in the water. Take a look at those led by her; Sanjiebao has long gone to zero, Fala Coin is nothing but a complete scam project, and consumers across the country have reported it for justice. Members of Hero's Chain were directly arrested for fraud. Other projects, like Sanbao Chain and Zhi Media Chain, didn't even make it onto exchanges. At least for those that did, we can say they are air coins; if they never even made it to an exchange, isn't that pure fraud?
Among them, the funds raised by Fala Coin alone have exceeded 10 million. Sister Zhixin took at least 10% of the agency fee, and the agency investment in Hero's Love was directly defined as a scam. The case involved over 300 million yuan, with 21 team members detained, and nine arrested. Either invest in garbage projects to earn agency fees, or directly fleece the investment funds. Thus, with these simple and brutal operations, she branded herself with the labels of breaking the market and raising funds.
So the question arises, how much money did he actually cheat? Let's make a horizontal comparison, and we'll have a rough idea in our minds. During the chaotic era of agency investments, three legendary women—Sister Zhixin, the magical girl Wang Kaixin, and the first post-90s investor Li Shiqin—debuted together, known as the three major tumors in the cryptocurrency circle. After Li Shiqin's agency investment in Alpha and a dozen other projects, she directly ran away with the money, with the number of Ethereum $ETH cheated reaching 140,000, worth nearly 700 million RMB at the time, claiming to be the largest agency investment scam in history. Wang Kaixin sold nonexistent OK coins in her friend circle, absconding with over 30,000 Ethereum worth 150 million RMB. Based on such data, Sister Zhixin can at least be considered a billionaire alongside the above two.
Until 2019, if you searched for Sister Zhixin online, you could still see posts asking whether the major cryptocurrency scammer Sister Zhixin had been caught and whether she was in jail. Such posts make it clear how destructive and influential Sister Zhixin was back then. When all the air coins went to zero, investors suddenly realized they had been cheated, but they could not find her at all. Meanwhile, Sister Zhixin had already crazily purchased villas and invested in beauty salons and coffee shops with the money she scammed, making a quick getaway. In this light, it seems she really stayed true to her original intention, ultimately realizing that the real industry is indeed reliable.
Of course, before he ran away, he didn't forget to take a dump on the leeks' heads. He cheated your money, and when you seek justice, he even scolds you. At that time, it even attracted the strong attention of the CEO of Sina Weibo. I have to say, people without shame are invincible in the world. He casually waved his sleeve and took away countless people's hard-earned money, retired from the circle, and ran abroad. Meanwhile, domestic investors lost everything, with no way to seek justice, and could only complain on Weibo. Tell me, is this reasonable?