圈钱

Traditional form:

圈錢

Pinyin (reading):

quānqián

Definitions:

• (coll.) (neologism c. 2006) to extract money unscrupulously (e.g. through IPOs, fandom, or game mechanics) while offering little genuine value; to grift; to fleece

Characters:

• 圈 - circle, ring, loop; to encircle
• 钱 - money, currency, coins

Traditional characters:

• 圈 - circle, ring, loop; to encircle
• 錢 - money, currency, coins