If it is virtual currency, it is legal, its company certificate is complete, and no illegal acts have been found so far.
No department can grasp enough evidence to judge whether its distribution company is an illegal pyramid scheme according to law. The Municipal Radio and Television Joint Office will unite with the departments of industry and commerce, public security (economic investigation, network security), finance, and big data committee to strengthen the supervision and management of such enterprises. Once it is verified that it is illegal fund-raising or pyramid schemes, it will be resolutely investigated and dealt with according to law.
Extended data:
Virtual currency refers to unreal currency. At present, there are hundreds of digital currency species distributed all over the world. The legend of "Bitkin, Wright Silver, Infinite Copper and Penny Aluminum" is popular in the circle.
The private transaction of online virtual currency has realized the two-way circulation of virtual currency and RMB to a certain extent. The activity of these traders is characterized by buying various virtual currencies and virtual products at low prices, and then selling them at high prices, relying on this difference to win profits. With the increase of such transactions, even a virtual mint appeared.
In addition to the virtual currency provided by the main company, there are also some people who specialize in "virtual coinage", who get virtual currency through professional games and then resell it to other players. Take Wenzhou as an example, there are about seven or eight such "virtual mints" with four or five hundred employees. This not only caused the price bubble of virtual currency itself, but also troubled the normal sales of issuing companies. At the same time, it also provides a platform for various cyber crimes to sell stolen goods and launder money, which leads to other bad behaviors.
Reference link: Baidu Encyclopedia-Virtual Currency? People's Network-Is Ghost-Ghost ratio an MLM organization?