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What kind of blockchain,Beware of the risk of illegal fund-raising under the cloak of ＂blockchain＂

Time : 13/06/2022 Author : 42607d Click : + -
        In recent years, the blockchain has become popular, and some illegal activities seem to be making a comeback. Under the banner of "financial innovation" and "blockchain", some lawless elements absorb funds by issuing so-called "virtual currency", "virtual assets" and "digital assets", which infringe on the legitimate rights and interests of the public, and even make statements such as "the announcement on preventing the financing risks of token issuance is outdated". Such activities are not really based on the blockchain technology, but the fact of hyping the concept of blockchain and illegal fund-raising, pyramid selling and fraud. Jin'an: blockchain is a new computer technology application mode. Generally speaking, the blockchain is a distributed digital ledger that can record all transaction records.
 
        Each block is like a hard disk, which saves all the information and encrypts it with cryptography technology to ensure that the saved information cannot be tampered with. Relying on the Internet and chat tools to conduct transactions, and using online payment tools to collect and pay funds, the risk has a wide range and a fast diffusion speed. Some lawless elements build websites by renting overseas servers, in essence, they carry out activities for domestic residents, and remotely control and carry out illegal activities. Some individuals claim in the chat tool group that they have obtained the investment quota of overseas high-quality blockchain projects and can invest on their behalf, which is most likely a fraud. Most of the funds from these illegal activities flow overseas, making it difficult to supervise and trace them.
 
        They make use of hot concepts to hype and fabricate various "tall and high" theories. Some also make use of celebrity "platforms" to publicize and use airdrops of "sweets" as temptations, claiming that "the value of the currency will only rise but not fall" and "the investment cycle is short, the income is high and the risk is low", which is highly bewitching. In practice, illegal elements illegally make huge profits by manipulating the price trend of the so-called virtual currency behind the scenes, setting the threshold for profit and withdrawal. In addition, some lawless elements also issue tokens under the guise of ICO, IFO, IEO, etc., or carry out virtual currency speculation in the form of IMO under the banner of sharing economy, which has strong concealment and confusion.
 
        Through public publicity, the illegal elements use "static income" (profit from currency appreciation) and "dynamic income" (profit from offline Development) as bait to attract the public to invest funds, and lure investors and development personnel to join, constantly expanding the fund pool, with the characteristics of illegal fund-raising, pyramid selling, fraud and other illegal acts. Jin'an: first, blockchain & ne; Virtual currency is a technical means. Second, like the vast majority of countries in the world, China does not recognize the legal status of virtual currency at present, and any financing behavior of token issuance is illegal. Thirdly, at present, no trading platform in China is allowed to engage in the exchange business between legal currency and token or "virtual currency", buy and sell tokens or "virtual currency", and provide pricing, information intermediary and other services for tokens or "virtual currency".
 
        Therefore, investors should enhance their risk prevention awareness, guard against being cheated, identify illegal fund-raising activities in the name of blockchain, and do not provide them with a living environment.
 
        
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