Strengthen the crackdown on illegal financial activities related to virtual currency. What are the frauds related to virtual currency?

Strengthen the crackdown on illegal financial activities related to virtual currency. Regarding virtual currency fraud:

1. The Cyberspace Administration of China strengthens the supervision and management of the Internet and begins to rectify those that induce Netizens invest in virtual currency digital assets. The Ministry of Cyberspace Affairs interviewed those companies involved in the promotion and speculation of virtual currencies, mainly including more than 500 companies, and required all companies to comprehensively clean up the relevant content involved in virtual currencies. The so-called mining coins of virtual currencies and the content in headlines are not trustworthy. The Cyberspace Administration of China requires all departments to resolutely shut down.

2. The rise of virtual currencies and activities such as speculation and fraud are becoming more and more rampant. In order to obtain high rewards, some virtual currencies even use false information to confuse investors. It has brought huge losses to the investing public. Therefore, since this year, the Cyberspace Administration of China has thoroughly implemented the central government’s policies and taken multiple measures and clues to clamp down on these false speculators. All illegal information, illegal websites, and illegal behaviors will be punished.

3. The Cyberspace Administration of China will also strengthen the non-financial rectification of virtual currencies in various subsequent activities, mainly to protect the people’s property security in accordance with the law and to enable the people to consciously identify The speculation of virtual currencies is deceptive. In terms of investment, you should abide by the regulations of the country, invest on regular websites, and do not fall into the traps set by others for the sake of temporary cheapness or temporary profits. Beware of damage to personal property.

4. Investment is inherently risky. If you invest without screening the investment information, you will only lose money. When investing, you must be particularly careful about money management. Don't think that registered information actually has no disadvantages. This idea is wrong, sometimes a link can cost you money. Therefore, links and information from all sources on the website must be screened. The idea that you can make money easily with Bitcoin is wrong.