"Risk Tips on Preventing Illegal Fundraising in the Name of "Virtual Currency" and "Blockchain"""Risk Tips on Preventing Illegal Fundraising in the Name of "Virtual Currency" and "Blockchain""。
On the evening of the 24th, CCTV News broadcasted the newsletter "Prevention of Illegal Fund-raising in the Name of "Virtual Currency" and Others".
The "Reminder" summarizes the characteristics of activities that hype the concept of blockchain for illegal fund-raising, pyramid schemes, and fraud, and says that the above-mentioned activities use "financial innovation" as a gimmick and are essentially a Ponzi scheme of "borrowing the new to return the old". Call on the public to view the blockchain rationally, and actively report and reflect clues of illegal crimes.
Among the three major characteristics it summarizes, the spearhead is very obvious.
First, the network and cross-border are obvious. Mainly relying on the Internet and chat tools for over-the-counter transactions; illegally setting up overseas servers to implement illegal activities; and proxy investment fraud.
The second is deceptive, seductive, and concealed. This feature points to marketing activities such as airdropping celebrity platforms; manipulating currency prices; Currency financing behavior.
The third is that there are many illegal risks. Criminals use "static income" (profit from currency appreciation) and "dynamic income" (profit from offline development) as bait through public propaganda to attract the public to invest in funds, and lure investors and development personnel to join in, constantly expanding the fund pool , with the characteristics of illegal fundraising, pyramid schemes, and fraud.
"Announcement on Preventing Financing Risks of Token Issuance""Announcement on Preventing Financing Risks of Token Issuance", it can be seen that the focus of the "Reminder" has changed from ICO to illegal fund-raising, pyramid schemes, and fraudulent activities.
Although the "Reminder" did not name the names, the two protagonists of the OTC transaction, WeChat Pay and Alipay, have been released today (August 24).Voice one after another. Ant Financial said that Alipay will take measures such as restricting the account’s collection function or even permanently restricting the collection of personal accounts involved in virtual currency transactions according to the circumstances. Tencent Internet Finance issued a statement saying that it has taken measures such as restricting payment collection functions and quotas and monitoring daily transactions in real time in response to violations of payment channels.
Since WeChat permanently blocked some WeChat public accounts suspected of posting ICO (Initial Coin Offering) and virtual currency transaction hype information on the 21st of this month, as of today, the official has released strong regulatory signals for four consecutive days: on the 22nd, Beijing The Chaoyang District Government of the city requires that shopping malls, hotels, guesthouses, office buildings and other places shall not undertake any form of virtual currency promotion and publicity activities; To the fields of virtual currency and ICO; as of today, five ministries and commissions have issued the "Risk Warning on Preventing Illegal Fundraising in the Name of "Virtual Currency" and "Blockchain".
expressexpressIn response to the new variants and new situations of related illegal financial activities, the People's Bank of China and relevant departments have adopted a series of targeted clean-up and banning measures to prevent and resolve possible financial and moral risks.
(I am Aloe Vera, a reporter from Odaily. To explore the real blockchain, please add WeChat 1012387983 for breaking news and communication. Please note your name, unit, position and reason.)
(I am Aloe Vera, a reporter from Odaily. To explore the real blockchain, please add WeChat 1012387983 for breaking news and communication. Please note your name, unit, position and reason.)
