Analysis of public security cracking down on virtual currency

1.

virtual currency fraud calls 110 directly

many departments, such as the China Banking and Insurance Regulatory Commission, the central office of information technology, the Ministry of public security and so on, issued risk tips, saying that some criminals, under the banner of "financial innovation" and "blockchain", absorbed funds by issuing the so-called "virtual currency", "virtual assets" and "digital assets", thus infringing the legitimate rights and interests of the public

this kind of activity is not really based on blockchain technology, but on the hype of blockchain concept, illegal fund-raising, pyramid selling and fraud. In essence, it is a Ponzi scheme of "repaying the old by borrowing the new", which is difficult to maintain the long-term operation of funds

the public should treat the blockchain rationally, not blindly believe the promises, establish a correct monetary concept and investment concept, and effectively improve the risk awareness. Report to the public security organ in time after being cheated

extended data:

the first is the obvious networking and cross-border of virtual currency. Relying on the Internet and chat tools for transactions, and using online payment tools to balance funds, the risks spread widely and spread quickly. Some lawless elements set up websites by renting overseas servers to carry out activities for domestic residents and control illegal activities remotely

some indivials claim that they have obtained the investment quota of overseas high-quality blockchain projects in the chat tool group and can invest on their behalf, which is most likely fraud. Most of these illegal funds flow overseas, which makes it very difficult to supervise and trace

followed by deception, temptation and concealment. They use hot concepts to hype, fabricate various "tall and tall" theories, and some also use celebrity "big V" platforms to publicize. They use airdrop "candy" as temptation to claim that "currency value only rises but not falls", "investment cycle is short, income is high, and risk is low", which has strong bewitching

in practice, criminals illegally make huge profits by manipulating the price trend of the so-called virtual currency, setting profit and withdrawal threshold. In addition, some criminals also issue tokens under the guise of ICO, IFO, IEO, etc., or hype virtual currency in the way of IMO under the banner of sharing economy, which has strong concealment and confusion

finally, there are many kinds of illegal risks in this kind of behavior. Through public publicity, the illegal elements attract the public to invest funds, lure investors and development personnel to join, and constantly expand the fund pool with the t of currency appreciation and development offline profits, which has the characteristics of illegal fund-raising, pyramid selling, fraud and other illegal acts

2. 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.

3. We will continue to strengthen our efforts to crack down on money laundering of virtual currency. Because virtual currency is illegal in our country and not protected by law, it is necessary to crack down on it.

4. It's illegal to steal mines. If there is a large number of mines, someone will take charge of you and sincerely help you,

5. The police station where you live can report the crime and cheat.

6. On the fourth floor of the former Health Bureau, Wulan Road, Baotou City

7. You can log in to Bank of China mobile banking, and submit personal credit report query application in the home page "more", loan management function home page and "my" mole. It is recommended that you submit query application between 8:00-20:00 every day
after you receive your application, the Bank of China will submit your application to the credit reference center of the people's Bank of China. Under normal circumstances, the credit reference center of the people's Bank of China will return your credit report within 24 hours. You can download and view the report content in the mobile banking, and the specific content is subject to what you find. Since the successful application for 7 natural days, after the expiration of the system automatically delete, need to re apply, the page has a prompt message
warm tips: at present, the personal credit report query function of mobile banking only supports customers who use 18 ID cards to open mobile banking service. For customers with other certificate types who have mobile banking service, please go to the credit reference center of the local people's Bank of China

if you have any questions, you are welcome to consult the online customer service of Bank of China or download and use the mobile banking app of Bank of China to consult and handle relevant business

the above contents are for your reference, and the business regulations shall be subject to the actual situation