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Other Current Assets, Net
 12 Months Ended
Dec. 31, 2023
Prepayment and Other Current Assets, Net [Abstract]  
OTHER CURRENT ASSETS, NET

4. OTHER CURRENT ASSETS, NET

 

Other current assets mainly consist of the prepaid tax, the prepaid services for maintenance of online trading system, the advertising and promotional services, prepaid financial advisory and banking services, as well as other current assets.

 

   December 31,
2023		   December 31,
2022		 
Deposit  $5,557   $5,557 
Other current assets   6,829,212    
-
 
Less: allowance for doubtful accounts   
-
    
-
 
Subtotal   6,834,769    5,557 
Less: Prepayment and other current assets, net – discontinued operations   
-
    
-
 
Prepayment and other current assets, net  $6,834,769   $5,557 

 

Other current assets comprise mainly consideration receivable amounting $6,438,507 with respect to the private placement of 34,991,886 shares issued to investors. The consideration is fully received in January 2024.

 

For the years ended December 31, 2023 and 2022, the Company did not incur provision for doubtful accounts.