Yuzhi Finance's virtual asset project, HSEX, is under scrutiny as users report withdrawal issues and increased fees. Complaints have surfaced about frozen funds and demands for a 20% 'self-proof deposit,' with withdrawal fees rising to 30%. Authorities in Guangdong, Guangxi, and Hunan have issued risk warnings regarding the platform. The Hong Kong Exchanges has clarified that it has no connection to HSEX or HKEX, distancing itself from the controversy. Industry experts caution against high-return schemes and referral rebates, advising investors to remain vigilant against virtual asset fraud risks.