Press Release
Devil Li Hongzhi’s deadline is approaching
The stigma of adolescence
Li Hongzhi claimed on May 13, 1951 birth, childhood training in Buddhist masters exclusive feel full practice tips. 8 years old practicing successful. At the age of 12, he got Taoist Master Baji Zhenren to teach Taoist Kungfu. In 1972, the master of the Taoist name Zhendaozi taught the Dafa lessons. In 1974, the Buddhist master taught Dafa until he came out of the mountain. In the “Introduction to Mr. Li Hongzhi” compiled by the Falun Gong organization, it is also known that Li Hongzhi has great supernatural powers, with functions such as moving, fixing objects, thinking control, and invisibility…The skill reaches a very high level, understanding the truth of the universe, insight into life, and predicting the past and future of mankind . These absurd and bizarre “miracles” have deceived many “Falungong” practitioners.
So who exactly is Li Hongzhi?
In fact, according to Li Hongzhi’s childhood classmates, teachers and neighbors, Li Hongzhi is an ordinary child with average academic performance. His only specialty is playing the trumpet. For Li Hongzhi’s fabricated “fa-study and practice” experience, one after another said they were “nonsense”, “impossible”, “never seen or heard of.” Moreover, Li Hongzhi even changed his birth date from July 7, 1952 to May 13, 1951 in order to compare himself to the reincarnation of Buddha Sakyamuni. Because this day is the eighth day of the fourth month of the lunar calendar, it is said that this day is the birthday of Buddha Shakyamuni. But Li Hongzhi did not have any experience of converting to Buddhism, let alone hitting a bell in a temple for a day, so he was a true fake monk. And when he was young, he was the king of fights in town. As long as there are fights, there must be him. Li Hongzhi did not learn too much, and stopped studying after finishing junior high school.
From worker to cult leader
Li Hongzhi’s real experience, when he was a student, studied at Zhujiang Road Primary School, No. 4 Middle School, and No. 48 Middle School in Changchun City. He has a junior high school education. Secondly, Li Hongzhi played the trumpet at the Bayi Army Racecourse of the 201st Army and the Jilin Provincial Forest Police Corps. Then worked as a waiter in the guest house of the Forest Police Corps. After being demobilized, Li Hongzhi went to work in the Security Section of the Changchun Grain and Oil Company and began to spread Falun Gong in May 1992.
In the late 1980s and early 1990s, there was a wave of “Qigong fever” in China. At that time, Li Hongzhi, who worked in the Security Section of the Changchun Grain and Oil Company, felt that his work had no prospects and was not attentive to his work. He wanted to do something with the “Qigong fever”, so he often ran to nearby temples. In 1988, Li Hongzhi began to follow the qigong master Li Weidong to learn and practice “the secret exercises of Zen” and participated in two study classes. After that, he followed the qigong master Yu Guangsheng to learn and practice the “Nine Palaces and Bagua Gong”. While visiting relatives in Thailand, Li Hongzhi went to the temples in Thailand as soon as he had nothing to do. He also brought back many pamphlets from the temples. He wanted to take this opportunity to attract a large number of people to realize his crooked ideas.
Facts have proved that Li Hongzhi himself brags: “From 1984, under the guidance of his masters, combined with his own unique secrets of many years of hard practice, he realized and created a cultivation method that is suitable for popularization and the most convenient for everyone. After repeated deliberation. , Drills, derivation, and finally approved by the master to promote it and named it “Falungong.” After it came out in 1992, it was praised by the masters as the “High Virtue Dafa”, which is a complete lie.
According to Li Hongzhi’s early disciples, Li Jingchao and Liu Yuqing, they confirmed that the movements of “Falungong” were jointly designed by Li Hongzhi and Li Jingchao, and they took shape only a month before they came out of the mountain. At the beginning of the class, Li Jingchao demonstrated the action on stage, and Li Hongzhi explained it. Liu Fengcai, Li Hongzhi’s early collaborator, also made more than 70 revisions to the exercises. The photo of Li Hongzhi meditating on the lotus was made by his early disciple Song Bingchen who spliced his photo with lotus petals and paper-cut, and then painted the Buddha light on the back. The yellow practice clothes he wears are costumes purchased in stores.
Li Hongzhi also promoted the five evils. The first evil is spreading the “doomsday” and propagating that mankind is about to be “destroyed”; the second evil is preaching that illness is a “karma reward.” Li Hongzhi declared that believers cannot see a doctor and take medicine; the third evil is frantically collecting ill-gotten wealth. Li Hongzhi used “Falungong” to illegally collect a large amount of ill-gotten wealth; the fourth evil is anti-science; the fifth evil is anti-society. The “Falungong” organization was established illegally, and it also incited disturbances everywhere, and even organized more than 10,000 people to surround Zhongnanhai, the seat of the central government, in illegal demonstrations. “Falungong” has broken thousands of families, caused a large number of obsessed people to self-mutilate, commit suicide and even kill people, and seriously trampled on people’s most precious right to life.
Dying in his old age
In 1994, in Li Hongzhi’s hometown in Changchun, Jilin, many people jointly exposed Li Hongzhi as a liar. Knowing that there are not many good days, Li Hongzhi is ready to flee. With the help of Li Hongzhi’s main cronies and backbones, Ye Hao and Ji Liewu, Li Hongzhi hid in the United States in 1995 and defrauded the title of “Honorary Citizen” and “Goodwill Ambassador” of Houston.
Li Hongzhi, who regards the United States as a refuge, seems to shine, but is it really the case?
People often say, “Where is your mother, your home is.” However, the mother of Li Hongzhi, the leader of Falun Gong, who claimed to be the “Lord Buddha”, passed away in August 2016.
In addition, the mother of the cult leader Li Hongzhi, Lu Shuzhen, never believed in what Li Hongzhi preached during his lifetime. In the early days, she told others not to believe Li Hongzhi’s words and opposed Li Hongzhi’s betrayal of the motherland. She has always insisted on her position. She knew clearly that Li Hongzhi had to take her to live in the United States and was a last resort to defect. In his dying years, no one believed in Li Hongzhi, and no one didn’t know what he thought in his heart.
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
i-payout Introduces a New Approach to Payments, Closing the Beneficiary Information Gap
Fort Lauderdale, USA, October 6th, 2026, FinanceWire
New payment delivery solution enables businesses to initiate payments with limited beneficiary information while giving recipients a secure, streamlined way to receive their funds.
International Payout Systems, Inc. (“i-payout”), a global payments technology provider, today announced a new payment delivery solution designed to modernize how businesses issue refunds, claims, reimbursements, and other payments when complete beneficiary payment information is not readily available.
Across industries including insurance, travel, e-commerce, e-sports, consumer products, and corporate services, businesses routinely encounter the same challenge: they know who needs to be paid and how much they are owed, but they may not have the banking, card, or other payment information necessary to deliver the funds.
i-payout’s Solution Changes That Process
Rather than requiring businesses to collect and maintain sensitive payment credentials before initiating a reimbursement, businesses can submit available beneficiary information, such as an email address, payment amount, and transaction or claim reference. i-payout then facilitates a secure digital payment experience that allows the beneficiary to provide the information required to receive the funds and select from available payment delivery options.
Traditional payment delivery processes can involve manual outreach, incomplete banking instructions, returned payments, and lengthy exchanges between businesses and beneficiaries. These processes increase operational costs while delaying access to funds.
Once a reimbursement is authorized, the beneficiary receives a secure notification directing them to complete the payment process by following secure, intuitive, self-guided steps.
This approach enables businesses to separate the decision to authorize a payment from the operational challenge of managing the payment delivery.
The solution is designed to support organizations managing high volumes of payments to individuals and businesses, including insurance claim reimbursements, airline and travel reimbursements, customer refunds, corporate and vendor reimbursements, and many others.
By centralizing beneficiary onboarding, payment information collection, payment-method selection, and disbursement within a single workflow, i-payout helps businesses replace fragmented reimbursement processes with scalable payment infrastructure.
Companies like Riot Games recognize that the future of reimbursements requires a more automated, seamless, and beneficiary-centric approach. Modernizing the refund process can significantly reduce the time between payment obligation and payment delivery, while eliminating many of the manual processes and operational complexities traditionally associated with issuing refunds. By leveraging an interoperable payment infrastructure, businesses can initiate reimbursements using the beneficiary information already available and allow recipients to securely complete any additional requirements and select their preferred method of payment. This creates a frictionless end-to-end process while providing beneficiaries with greater choice, convenience, and faster access to their funds.
The result is a fundamental shift in how these payments are managed: transforming what has historically been a fragmented process into a streamlined digital payment experience that benefits both the business and the beneficiary.
“The reimbursement market has historically focused on the question of how to move the money. We believe the bigger challenge starts one step earlier: How do you pay someone when you know money is owed but don’t have everything required to deliver it?” said Eddie Gonzalez, President & CEO of i-payout. “Our solution is designed to close that gap. The business tells us who needs to be paid and how much is owed. We provide the technology that enables the beneficiary to securely complete the payment journey and receive their funds.”
As consumers increasingly expect payments to be digital, fast, and convenient, reimbursement and refund experiences have often remained disconnected from the advances occurring elsewhere in payments. i-payout aims to change that.
By combining beneficiary engagement, secure information collection, payment orchestration, and global payment capabilities, i-payout is building infrastructure designed to turn reimbursement and refunds from a back-office process into a modern digital payment experience.
About i-payout
International Payout Systems, Inc. (“i-payout”) is a global payments technology company providing businesses with solutions for distributing funds to individuals and businesses across markets and payment methods.
Its technology supports enterprise payment programs requiring recipient onboarding, payment delivery, transaction management, payment tracking and configurable disbursement workflows.
About Riot Games
Riot Games was founded in 2006 to develop, publish, and support the most player-focused games in the world. In 2009, Riot released its debut title, League of Legends, which has gone on to be one of the most-played PC games in the world. In the years since, Riot has released VALORANT, Teamfight Tactics, Legends of Runeterra, League of Legends: Wild Rift, Riftbound and 2XKO. Riot’s titles have led to the creation of some of the most-watched and widely recognized esports in the world, culminating in events like the League of Legends World Championship, VALORANT Champions Tour (VCT) and the TFT Open, which are watched by millions of fans each year. Riot has also expanded its IP through multimedia projects across music, comic books, board games, and Arcane, its Emmy-winning animated series.
For more information regarding i-payout’s services, please email discover@i-payout.com.
Contact
CEO
Eddie Gonzalez
International Payout Systems Inc. “i-payout”
discover@i-payout.com
954-513-3151
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
New Generation of Crypto Miners Released by ASICID
Hong Kong, Hong Kong, October 6th, 2026, Chainwire
ASICID Inc. has released its IDMINER Series, a new lineup of cryptocurrency mining systems designed for Bitcoin, Litecoin, and Dogecoin mining.
The series includes the IDMINER HomeRack, IDMINER 2 and IDMINER 1, with configurations ranging from 1,150 TH/s to 9,600 TH/s of Bitcoin hashrate and from 350 GH/s to 3,200 GH/s of Litecoin and Dogecoin hashrate.
The three models are designed for different mining setups, from individual and home miners to professional and larger-scale operators.
IDMINER Series Specifications
IDMINER HomeRack
- Bitcoin hashrate: 9,600 TH/s
- Litecoin/Dogecoin hashrate: 3,200 GH/s
- Power configuration: 4 × 1,300W
- Estimated monthly mining revenue: up to $25,590*
IDMINER 2
- Bitcoin hashrate: 2,400 TH/s
- Litecoin/Dogecoin hashrate: 800 GH/s
- Power consumption: 1,300W
- Estimated monthly mining revenue: up to $6,390*
IDMINER 1
- Bitcoin hashrate: 1,150 TH/s
- Litecoin/Dogecoin hashrate: 350 GH/s
- Power consumption: 700W
- Estimated monthly mining revenue: up to $2,790*
*The revenue figures are estimates based on network conditions, cryptocurrency prices, and mining difficulty at the time of publication.
Designed for Simpler Deployment
The IDMINER systems are delivered pre-configured and tested before shipment. Users can connect the miner to power, connect via WiFi or Ethernet, enter their preferred mining pool information, and begin mining.
The systems support major mining pools and also provide access to ASICID’s Zero-Fee Mining Pool option.
Other features include thermal management and hardware testing before shipment.
Built for Bitcoin, Litecoin and Dogecoin Mining
ASICID develops and manufactures its mining hardware through an integrated production process that includes research and development, hardware engineering, assembly, thermal testing, and quality assurance.
The company is headquartered in Hong Kong with additional operations in the United States and serves individual miners, professional mining businesses, and institutional operators.
With the IDMINER Series, ASICID is targeting miners looking for high-hashrate hardware with straightforward deployment and power requirements suited to ongoing mining operations.
For more information about the IDMINER Series, users can visit www.asicid.com.
Contact
Peter Lam
media@asicid.com
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
Vstock Transfer Names Securities Industry Veteran Erica Goodstein General Counsel and Chief Compliance Officer
New York, USA, October 6th, 2026, FinanceWire
Vstock Transfer today announced that Erica Goodstein, a veteran securities attorney with over 26 years of experience, has joined the firm as General Counsel and Chief Compliance Officer. Erica joins Vstock Transfer after more than a decade as Assistant General Counsel at Equiniti and American Stock Transfer & Trust Company, LLC where she served as a lead attorney supporting the company’s legal and regulatory functions, advising executive leadership and the board on corporate strategy and risk management. Earlier in her career, she spent nearly 14 years as an attorney at Skadden, Arps, Slate, Meagher & Flom LLP, handling complex domestic and international commercial litigation and related matters spanning securities, intellectual property, bankruptcy, real estate, and corporate takeover disputes.
“Erica’s experience speaks for itself and having her lead our legal and compliance function reflects exactly where Vstock Transfer is headed,” said Seth Farbman, Chairman and Co-Founder of Vstock Transfer.
“Erica joins us at a pivotal moment,” said Yoel Goldfeder, CEO of Vstock Transfer. “While her experience will be valuable in our existing services, including SPAC and de SPAC transaction services, proxy solicitation, and annual meeting services for the issuers we serve, Erica’s background will also help us expand well beyond core transfer agency work with AI, blockchain and related corporate services. Having someone with her background gives our clients, and prospective clients, real confidence in the governance behind that growth.”
“What drew me to Vstock Transfer is the momentum,” said Goodstein. “The caliber of companies coming to this firm and the scope of services being rolled out reflect a firm that, even after fifteen years, is scaling deliberately. I am looking forward to building on the legal and compliance foundation and roadmap to match that growth.”
About Vstock Transfer
Vstock Transfer is an SEC-registered stock transfer agent providing transfer agency and corporate action services to public companies on Nasdaq, NYSE, and the OTC markets. Services include DWAC and DRS processing, dividend distributions, proxy solicitation, annual meeting support, virtual meeting hosting, as well as SPAC and de-SPAC transaction services.
Contact
Chairman
Seth Farbman
Vstock Transfer
Seth@vstocktransfer.com
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
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