Risk Warning: Beware of illegal fundraising in the name of 'virtual currency' and 'blockchain'. — Five departments including the Banking and Insurance Regulatory Commission
Information
Discover
Search
Login
简中
繁中
English
日本語
한국어
ภาษาไทย
Tiếng Việt
BTC
ETH
HTX
SOL
BNB
View Market
Economic Observer: Multiple illegal projects use concepts such as "stablecoin mining" to engage in illegal fundraising and rebate activities
17hours ago

Odaily Planet Daily News: The Economic Observer published an article titled "Annualized Return of Up to 540%? An Investigation into the Chaos in Virtual Asset Investment," pointing out that a number of investment platforms packaged as "blockchain," "virtual assets," and "DeFi" have recently appeared on the market, but are actually engaged in illegal fundraising and rebate activities.

The report states that these projects often use terms like "decentralized finance (DeFi)," "DApp wealth management," "stablecoin mining," and "Defai (DeFi + AI)" to mask risks, but in essence they remain traditional high-interest, crowdfunding models. Despite the technological trappings, the underlying principles remain the same.

From a legal perspective, investors should be responsible for their own civil legal actions, be vigilant, rationally identify the authenticity of projects, and avoid falling into illegal traps in pursuit of high returns.