Risk Warning: Beware of illegal fundraising in the name of 'virtual currency' and 'blockchain'. — Five departments including the Banking and Insurance Regulatory Commission
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Liaoning High Court issues virtual currency investment risk warning
3hours ago

According to Odaily Planet Daily, the Liaoning Provincial High People's Court recently issued a risk warning, stating that some illegal institutions are hyping up "financial innovation" and "digital assets" by issuing so-called "virtual currencies," "virtual assets," and "digital assets," absorbing public funds and exploiting the public's lack of understanding of stablecoins to induce participation in transactions. The court urged the public to remain vigilant.