💨 Abstract

In China, fraudsters are exploiting financially distressed individuals in a slowing economy with promises of prize money and debt restructuring in "self-discipline" challenges, similar to Squid Game, but without life-threatening consequences. Some participants of these isolation challenges, advertised on Douyin, claim to be scammed by organizers who demand hundreds of dollars and impose strict rules, often disputing infractions caught on surveillance cameras.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖