Unreliable. According to the report of the Ministry of Industry and Information Technology, as of October 2023, there have been more than 8,000 legal prosecutions against Yuezi Wallet, suspected of leaking customer information, malicious debt collection, and other illegal activities, so Yuezi Wallet is not reliable. Youzi Wallet was officially operated independently on December 8, 2004. It is a subsidiary of Ant Financial, which is independent of Alibaba Group.