What's the latest development in Aidai.com?

Yes, Aiyue.com embezzled 200 million yuan from investors, and its legal person committed the crime of illegally absorbing public deposits.

The crime of illegally absorbing public deposits stipulated in Article 176 of the Criminal Law refers to the act of illegally absorbing public deposits or absorbing public deposits in disguised form in violation of national financial management regulations, disrupting financial order. Usually, illegal absorption of public deposits takes the form of high interest rate, and most cases are caused by the break of capital chain. Judging from past cases, a small part can be recovered, and most of the funds cannot be recovered.