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Discontinued Operations | 12 Months Ended
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Dec. 31, 2022
Discontinued Operations [Abstract] |
DISCONTINUED OPERATIONS | 27. DISCONTINUED OPERATIONS On March 18, 2021, Chain Future Digital Tech (Beijing) Co., Ltd. was deregistered. On April 9, 2021, FT Commercial Management (Beijing) Co., Ltd. was dissolved and deregistered. On August 2, 2021, the Company sold Guangchengji (Guangdong) Industrial Co., Ltd. to an unrelated third party. On September 2, 2021, Future Supply Chain Co., Ltd. discontinued its operations, and on November 4, 2021, it was transferred to Shaanxi Fu Chen Venture Capital Management Co. Ltd. On June 27, 2022, Chain Cloud Mall Logistics Center (Shanxi) Co., Ltd. was dissolved and deregistered. Loss from discontinued operations for fiscal years 2022 and 2021 was as follows:
|  | December 31, |  |  | December 31, |
|  | 2022 |  |  | 2021 |
REVENUES |  | $ | - |  |  | $ | - |
COST OF SALES |  |  | - |  |  |  | - |
GROSS PROFIT |  |  | - |  |  |  | - |
OPERATING EXPENSES: |  |  |  |  |  |  |  |
General and administrative |  |  | - |  |  |  | - |
Selling expenses |  |  | - |  |  |  | - |
Bad debt expenses |  |  | - |  |  |  | - |
Total |  |  | - |  |  |  | - |
OTHER INCOME (EXPENSE) |  |  |  |  |  |  |  |
Interest income |  |  | - |  |  |  | - |
Interest expense |  |  | - |  |  |  | - |
Other income (expenses) |  |  | - |  |  |  | - |
Total |  |  | - |  |  |  | - |
Loss from discontinued operations before income tax |  |  | - |  |  |  | - |
Income tax provision |  |  |  |  |  |  |  |
Loss from discontinued operation before noncontrolling interest |  | $ | - |  |  |  | - |
Loss on disposal of discontinued operations |  |  | (154 | ) |  |  | (2,388,900 | )
Less: Net loss attributable to non-controlling interests |  |  | - |  |  |  | - |
LOSS FROM DISCONTINUED OPERATION |  | $ | (154 | ) |  | $ | (2,388,900 | )
The major components of assets and liabilities related to discontinued operations are summarized below:
|  | December 31, 2022 |  |  | December 31, 2021 |
Amount due from related parties |  | $ | - |  |  | $ | 157 |
Total assets related to discontinued operations |  | $ | - |  |  | $ | 157 |
Total liabilities related to discontinued operations |  | $ | - |  |  | $ | - |

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- Definition The entire disclosure related to a disposal group. Includes, but is not limited to, a discontinued operation, disposal classified as held-for-sale or disposed of by means other than sale or disposal of an individually significant component. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -URI https://asc.fasb.org/topic&trid=2155823 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -URI https://asc.fasb.org/subtopic&trid=2122178 + Details
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