Why don't police check digital currency

1. A number of victims of virtual currency fraud cases distributed all over the country said that they were refused to file a case when reporting to the local police because virtual currency could not be valued and could not reach the starting loss amount of theft or fraud. This situation may be affected by the announcement on preventing the financing risk of token issuance issued by seven ministries and commissions on September 4, 2017 (hereinafter referred to as the announcement). Generally speaking, fraud and other crimes of infringing property rights have the starting point of "large amount" According to the interpretation of the Supreme People's Court on Several Issues concerning the specific application of law in the trial of fraud cases, indivials who defraud public or private property of more than 2000 yuan belong to "large amount". However, the announcement clearly pointed out that "any so-called token financing trading platform shall not provide pricing, information intermediary and other services for token or virtual currency." Therefore, it is difficult for the public security organs to recognize the price of virtual currency displayed on the trading platform, and to estimate the value of virtual currency when the victims encounter virtual currency fraud, so as to determine whether the case meets the filing standard.

2. Illegal fund-raising refers to the behavior that units or indivials raise funds from the public by issuing stocks, bonds, lotteries, investment fund securities or other credit certificates without the approval of relevant departments in accordance with legal proceres, and promise to repay the principal and interest or give returns to the investors in money, material objects or other ways within a certain period of time. Illegal fund-raising is generally punished as illegal absorption of public deposits and fund-raising fraud

If illegal fund-raising is found, it can be reported directly to the Economic Investigation Brigade of the Public Security Bureau.

3. The Ministry of public security is not fighting, but has been trying to fight. But China is so big that it's hard to ban pyramid selling at home. The four ministries and commissions of Huzhu finance have issued risk tips, but there are still a lot of people playing, resulting in heavy losses. Police around the country also reported that a number of digital money pyramid schemes have been destroyed
of course, virtual currencies are not all pyramid schemes, such as bitcoin, lightcoin, decent and so on.

4. U-coin has long been reported as a fraud by netizens. If you are cheated, you can go to the police, but the public security organ may not file a case. This kind of fraud involves a large number of people, a small amount of money, a wide range, and is difficult to solve. Most of the public security organs across the country just muddle along. However, once this kind of digital currency has caused serious adverse social effects, the public security organs will pay attention to it
it's better to stay away from this kind of digital currency. Bitcoin, Leyte coin, doggy coin are normal digital currencies, and these digital currencies also have risks. The digital currency on coin Ying China platform is a kind of asset certificate, which will have fixed dividend income.

5. You can call 110 or go to the police station nearby
the police will protect your privacy
if you are cheated, you must call the police immediately. So you can recover your losses.

6. It's not your problem. It's automatically thawed in six months
if you give someone else's ID card or apply for someone else's card, you need to cooperate with the local public security bureau to cooperate with the investigation. No problem will be solved

7. We must call the police. It's estimated that many people will be cheated. Let the police know; It's more appropriate to deal with it.

8. As early as the beginning of last year, someone asked me about paying fees to participate in "digital currency" and said that the other Party promised a high rate of return. My reply is not to participate. Even if digital currency is implemented in the future, corresponding market rules need to be formulated. Now pay (seems to be about 2000 yuan) with the risk of fraud. As a result, the other party didn't join and evaded the loss.

9. No trading allowed