As the most mature city for blockchain development in China, Hangzhou has already formed an industrial chain across various blockchain sectors. On one side are high-profile entities such as government industrial support funds, blockchain industrial parks, and leading companies in mining chip production like Canaan. On the other side are numerous startups and individuals operating in gray areas, often becoming key targets for the lower-tier law enforcement in China. In previous years, they employed tactics of posing as players to infiltrate various projects and gather detailed information about project initiators before executing pinpoint harvesting. Now, they have shifted to a method of thorough investigation, waiting to 'fatten the pigs' before slaughtering them. It is advised that all professionals in Hangzhou remain vigilant of everyone, especially those who present themselves as industry tycoons, KOLs, or investors, as they often turn out to be the ultimate harvesters of your profits.

The harvesting of people in the cryptocurrency circle does not follow normal legal procedures; typically, it follows the national security line, making regulations such as maximum detention times inapplicable. Victims usually have to endure a harrowing key coercion process that feels worse than death. Those who manage to withstand this will then face a process involving bargaining with alleged 'big bosses' and threats to their families until the bandits arrive at an acceptable price.

Running to Southeast Asia is futile; as long as the amounts are significant, almost all countries, except Singapore, will lead to immediate arrest.

Stay low-key, trust no one, and hiding wealth is the basic survival strategy in this industry.