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.
Dubai, United Arab Emirates, October 13th, 2026, Chainwire
Bybit Co-founder and CEO Ben Zhou has outlined the latest stage of the company’s expansion from a crypto exchange into The New Financial Platform, highlighting new products and collaborations across traditional and digital markets.
The updates were presented during Bybit’s latest biannual “Keynote with Ben” session titled “Make Your Move”, where Ben discussed the convergence of financial markets and the company’s approach to building for that shift. Held outside the usual studio format, in a gathering with a live audience, the keynote brought Ben together with selected guests to discuss changes in the financial landscape, new technologies and the products shaping Bybit’s next phase.
Four Years of TradFi Expansion, With Stocks Now Live and mStocks Ahead
Four years after entering traditional finance with contracts for difference (CFDs) in 2022, Bybit has established itself as the largest crypto CFD platform, with trading volume reaching as much as $100 billion at its peak. On Oct. 12, the company expanded further into traditional markets with the launch of stock trading for eligible users, providing access to more than 1,000 U.S. stocks and ETFs. Users can trade using USDC, with fractional shares and 24/5 access covering U.S. pre-market, regular and after-hours sessions.
Bybit is also developing mStocks in collaboration with Mantle, with a targeted launch in November. The tokenized stock product is designed to be backed 1:1 by real stocks, with plans to support round-the-clock conversion between eligible stocks and mStocks on Bybit, as well as decentralized exchange trading through automated market maker (AMM) liquidity pools on Mantle. Converted mStocks are also expected to be transferable into Bybit’s Unified Trading Account (UTA) for use as trading collateral, subject to applicable terms and conditions.
Bybit launched IPO Express in June, giving eligible users access to selected IPO opportunities at the offering price through tokenized representations of the underlying securities. The service launched with SpaceX and is designed to extend Bybit’s access beyond secondary-market trading into selected primary-market opportunities.
The latest developments build on Bybit’s expansion into perpetuals, pre-market products, foreign exchange and options. Its TradFi offering now spans more than 600 products across equities, ETFs, indices, commodities and FX. TradFi perpetuals have recorded more than $180 billion in trading volume, while recent additions include Forex Perps and Perp Options, an industry-first options product built on TradFi perpetuals.
Bybit is continuing to develop new perpetual products linked to AI computing and commodities, extending its range of instruments beyond conventional crypto markets.
Extending the Platform into Payments
Beyond trading and investing, Bybit has expanded its payments infrastructure to help customers move funds with greater flexibility. Bybit Pay and Bybit Card support crypto and fiat transfers, merchant payments and everyday spending. The service now connects users with more than 5,000 merchants across 15+ countries and supports transfers to bank accounts and e-wallets, alongside QR payments and other payment services. Bybit has issued more than 4 million Bybit Cards, extending the platform’s use beyond financial markets into payments and spending.
Security and Regulatory Infrastructure
The expansion has been accompanied by investment in security, compliance and technology infrastructure.
In the first half of 2026, Bybit said it intercepted more than 30,000 suspicious withdrawal requests, protecting users from more than $700 million in potential losses.
Bybit also secured five new licenses and regulatory approvals across European Union, the Cayman Islands, Indonesia, South Africa and El Salvador during 2026. These regulatory developments support the company’s efforts to expand its presence across different markets, subject to local requirements.
The company launched Bybit AI in September as a conversational assistant across trading, account management and customer support, with further development planned around the platform’s wider financial services.
“Bybit is all about giving you the speed and scale you need when you Make Your Move. We have brought trading, investing, payments and AI together, and we are continuing to add more markets and more ways to use them. We built the platform. Now it is about giving people the financial freedom to make their own move,” said Ben Zhou, Co-founder and CEO of Bybit.
Building Beyond the Exchange
Four years after entering TradFi, Bybit now combines crypto markets with stocks and ETFs, derivatives, commodities, FX, selected pre-IPO access, payments and AI-powered services. The company’s focus is increasingly on bringing these capabilities together within a single platform while continuing to expand market access, product depth and the infrastructure supporting them.
For Bybit, the development of The New Financial Platform represents the next stage of its growth beyond crypto and into a broader role across global financial markets.
Watch the full keynote here: https://www.bybit.com/en/press/live/keynote-with-ben-h2-2026
#Bybit / #NewFinancialPlatform
About Bybit
Bybit is The New Financial Platform.
We believe every person should have access to every financial opportunity on earth. That’s why we’re building the first intelligent platform that connects anyone, anywhere to the world’s finance.
Trusted by more than 80 million users worldwide, Bybit brings together investing, trading, payments, and wealth-building in a single secure and intelligent ecosystem. Through the combination of AI-powered technology, deep global liquidity, robust security, and transparent operations, Bybit makes global finance more accessible, efficient, and empowering for everyone.
Built for everyone. Powered by intelligence. Open to the world.
Learn more at Bybit.com
For more details about Bybit, please visit Bybit Press
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Contact
Head of PR
Tony Au
Bybit
tony.au@bybit.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
Meet A7 International, an Innovative Global Platform Designed to Reinvent the International Payments Market
Moscow, Russia, October 13th, 2026, Chainwire
A7 International enables businesses and individuals to pay invoices with digital assets, while recipients receive a regular bank transfer, reflecting A7’s international positioning and expanding the geography of settlements available to foreign clients.
In two years of operation, A7 has become one of the key players in the international settlements market. Founded in 2024 to serve the foreign economic activity of Russian businesses, it currently serves around 15,000 companies, processing 10+ trillion roubles in 2025 alone. The services A7 offered domestically sparked interest among businesses from other countries, prompting the company to come up with a new product for foreign clients.
The launch of A7 International marks a new stage in A7’s journey. In response to requests from foreign entrepreneurs, the company is expanding its positioning and creating an export offering for businesses in various countries. It is a remote service compliant with local legislation on digital assets and available only in those jurisdictions where cryptocurrency circulation is permitted.
“We are presenting not just a new product in the lineup, but a new image of A7. We have adapted our service so that it can be used remotely from anywhere in the world. This is precisely the key demand of market participants today. They want to be able to transfer money around the world in a few clicks in the shortest possible time – directly from your smartphone, without lengthy paperwork, hidden fees, or unjustified holds on funds. And we are packaging this demand into a convenient and competitive form,” said Chairman of Bank PSB Petr Fradkov.
The mechanics of the service are simple: the client transfers USDT, and A7 arranges a bank transfer via SWIFT using the counterparty details specified in the invoice. The recipient does not need to accept cryptocurrency or open a crypto wallet: the funds arrive in their bank account.
To submit an application, you need to register in your personal account on the website a7.biz. Individuals undergo identity verification (KYC), and companies undergo corporate data verification (KYB). Then the client uploads the invoice and the necessary documents. The built-in algorithm automatically recognizes the invoice data and helps fill out the application.
“The system operates as follows. AI analyzes the sender and beneficiary, jurisdictions, and key risk factors of the transaction. Based on the verification results, a risk profile of the payment is formed and the available options for processing it are determined. The system compares compliance requirements with the capabilities of the existing payment infrastructure. After that, it recommends the optimal payment route taking into account its cost, speed, reliability, and applicable restrictions. Routing dynamically adapts to changes in conditions and the availability of payment channels. Data accumulated over the years makes it possible to continuously improve the quality of decisions made by the system,” noted A7 CEO Ilan Shor.
At launch, A7 International accepts USDT on the TRON network. Bank transfers are available in US dollars, euros, Chinese yuan, and UAE dirhams. Other currencies are available by prior agreement. The commission is 0.3% for both businesses and individuals. After uploading the invoice, the client sees the final cost of the payment, including commission, in advance.
Payment execution time is from one business day. After the operation is completed, the client receives a SWIFT message or another confirming document. For currency and customs control, the service also provides closing documents.
The presentation of the service took place on a symbolic date and time — October 13 at 13:13.
Video of the official presentation and Customer journey here.
About A7
A7 is a global financial technology company specializing in international payments and settlement solutions for international trade. It was established in 2024 with the involvement of PSB Bank.
A7 is developing an independent global payment infrastructure across more than 100 countries, combining global financial expertise, advanced technology and regulatory compliance. The company’s products include international payments, digital financial assets and promissory notes.
A7 Group works with 15,000 clients, with around 2,000 transactions processed through the system every day. In 2025, approximately 19% of Russian companies’ cross-border trade settlements were processed through A7. In October 2025, A7 received an AA(RU) credit rating with a Stable outlook from ACRA.
Contact
CMO
Alex Fedorov
A7
info@a7.biz
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
Meet A7 International, an Innovative Global Platform Designed to Reinvent the International Payments Market
Moscow, Russia, October 13th, 2026, FinanceWire
A7 International enables businesses and individuals to pay invoices with digital assets, while recipients receive a regular bank transfer, reflecting A7’s international positioning and expanding the geography of settlements available to foreign clients.
In two years of operation, A7 has become one of the key players in the international settlements market. Founded in 2024 to serve the foreign economic activity of Russian businesses, it currently serves around 15,000 companies, processing 10+ trillion roubles in 2025 alone. The services A7 offered domestically sparked interest among businesses from other countries, prompting the company to come up with a new product for foreign clients.
The launch of A7 International marks a new stage in A7’s journey. In response to requests from foreign entrepreneurs, the company is expanding its positioning and creating an export offering for businesses in various countries. It is a remote service compliant with local legislation on digital assets and available only in those jurisdictions where cryptocurrency circulation is permitted.
“We are presenting not just a new product in the lineup, but a new image of A7. We have adapted our service so that it can be used remotely from anywhere in the world. This is precisely the key demand of market participants today. They want to be able to transfer money around the world in a few clicks in the shortest possible time – directly from your smartphone, without lengthy paperwork, hidden fees, or unjustified holds on funds. And we are packaging this demand into a convenient and competitive form,” said Chairman of Bank PSB Petr Fradkov.
The mechanics of the service are simple: the client transfers USDT, and A7 arranges a bank transfer via SWIFT using the counterparty details specified in the invoice. The recipient does not need to accept cryptocurrency or open a crypto wallet: the funds arrive in their bank account.
To submit an application, you need to register in your personal account on the website a7.biz. Individuals undergo identity verification (KYC), and companies undergo corporate data verification (KYB). Then the client uploads the invoice and the necessary documents. The built-in algorithm automatically recognizes the invoice data and helps fill out the application.
“The system operates as follows. AI analyzes the sender and beneficiary, jurisdictions, and key risk factors of the transaction. Based on the verification results, a risk profile of the payment is formed and the available options for processing it are determined. The system compares compliance requirements with the capabilities of the existing payment infrastructure. After that, it recommends the optimal payment route taking into account its cost, speed, reliability, and applicable restrictions. Routing dynamically adapts to changes in conditions and the availability of payment channels. Data accumulated over the years makes it possible to continuously improve the quality of decisions made by the system,” noted A7 CEO Ilan Shor.
At launch, A7 International accepts USDT on the TRON network. Bank transfers are available in US dollars, euros, Chinese yuan, and UAE dirhams. Other currencies are available by prior agreement. The commission is 0.3% for both businesses and individuals. After uploading the invoice, the client sees the final cost of the payment, including commission, in advance.
Payment execution time is from one business day. After the operation is completed, the client receives a SWIFT message or another confirming document. For currency and customs control, the service also provides closing documents.
The presentation of the service took place on a symbolic date and time — October 13 at 13:13.
Video of the official presentation and Customer journey here.
About A7
A7 is a global financial technology company specializing in international payments and settlement solutions for international trade. It was established in 2024 with the involvement of PSB Bank.
A7 is developing an independent global payment infrastructure across more than 100 countries, combining global financial expertise, advanced technology and regulatory compliance. The company’s products include international payments, digital financial assets and promissory notes.
A7 Group works with 15,000 clients, with around 2,000 transactions processed through the system every day. In 2025, approximately 19% of Russian companies’ cross-border trade settlements were processed through A7. In October 2025, A7 received an AA(RU) credit rating with a Stable outlook from ACRA.
Contact
CMO
Alex Fedorov
A7
info@a7.biz
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.
Bybit Expands Beyond Crypto as CEO Outlines Next Phase of Financial Platform
Meet A7 International, an Innovative Global Platform Designed to Reinvent the International Payments Market
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