Vicat virtual currency in 2018
Vicat China has internally confirmed that Vicat is "direct selling", but it has not obtained the domestic license. In the list of 61 direct selling enterprises published by the Ministry of Commerce, the reporter did not find the name of Vicat
bitcoin and other virtual currencies are open source programs, and the parameters and methods of their total amount limit are displayed in the open source code, so as to show the operation mechanism of the currency system openly and transparently. However, Vicat does not disclose its source code, which in itself violates the basic principles of virtual currency. " In addition, bitcoin and other virtual currencies are scattered transactions spontaneously formed in the market, and after the scale is formed, the third party graally establishes an exchange to complete the transaction. The Vicat is issued by itself and traded on its own platform. The so-called cooperation with the bank is nothing. Vicat currency, which has problems in basic properties, has high investment risk, so investors need to be cautious Netease News)
in the coin circle, bitcoin home and many mass media have also exposed the pyramid scheme of Vicat under the guise of bitcoin
economists point out that Vicat is a virtual currency with the nature of multi-level pyramid selling, and its investment risk is extremely high, so participants should be cautious China business website)
Vicat China has internally confirmed that Vicat is "direct selling", but it has not obtained the domestic license. In the list of 61 direct selling enterprises published by the Ministry of Commerce, the reporter did not find the name of Vicat
bitcoin and other virtual currencies are open source programs, and the parameters and methods of their total amount limit are displayed in the open source code, so as to show the operation mechanism of the currency system openly and transparently. However, Vicat does not disclose its source code, which in itself violates the basic principles of virtual currency. " In addition, bitcoin and other virtual currencies are scattered transactions spontaneously formed in the market, and after the scale is formed, the third party graally establishes an exchange to complete the transaction. The Vicat is issued by itself and traded on its own platform. The so-called cooperation with the bank is nothing. Vicat currency, which has problems in basic properties, has high investment risk, so investors need to be cautious Netease News)
in the coin circle, bitcoin home and many mass media have also exposed the pyramid scheme of Vicat under the guise of bitcoin
economists point out that Vicat is a virtual currency with the nature of multi-level pyramid selling, and its investment risk is extremely high, so participants should be cautious Official website of Ministry of Commerce of China)
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The central bank does not recognize Vicat, which is illegal at home. The English name of Vicat is onecoin, a virtual currency term created by the Internet, which is considered by the government to be suspected of pyramid selling fraud. In 2017, CCTV released a list of 350 fund pyramid schemes, with Vicat in the list
in May 2018, Zhuzhou County Procuratorate of Hunan Province prosecuted the last four suspects involved in the third batch of the "3.15" Vicat money online pyramid scheme case supervised by the Ministry of public security to the court
after the investor purchases the account, he will get the corresponding token, and he can get the corresponding Vicat return by "mining" with the token. In the future, the company's business will spread all over the world, achieving the goal of more than 1 million dealers and 2.1 billion Vicat coins
extended information:
related events
in September 2017, ring the trial of the first batch of defendants, Zhuzhou County procuratorate appointed five prosecutors to appear in court to support the prosecution. In the face of a defense team composed of 53 well-known lawyers including Dr. law and professor of law, the public prosecution team of the court fully respected objective evidence, and the case was successfully concted and successfully concluded within three days
On December 5, 2017, Zhuzhou intermediate court made a second trial judgment on the case, and Duan and Li were sentenced to four years' imprisonment for organizing and leading pyramid selling activities. The remaining 33 defendants were sentenced to less than four years' imprisonment or suspended, and were fined from 10000 yuan to 5 million yuan, and the funds involved in the case were confiscated of 1.368 billion yuan according to law