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Jinan Court Issues Execution Warrant Against Crypto KOL, 500,000 Yuan Civil Lending Case on May 28

GateNews
Enforcement Actions
On May 28, according to Jinan Lixia District Court's official announcement, the court issued an execution warrant against Geng Zhiyu in a civil lending dispute case (Case No. (2024)Lu0102Zhi5780). Geng Zhiyu failed to fulfill obligations under the effective legal judgment. The execution target includes 500,000 yuan in principal, plus interest, attorney fees, preservation insurance fees, and default interest. The court offers a 10% reward based on the executed amount for anyone providing valid clues leading to executable assets. Community sources suggest Geng Zhiyu is the crypto community figure known as "Liang Xu," with matching identity verification against previously circulated records.
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