This is the first transnational pyramid selling crime case detected by Chinese public security organs using blockchain technology and digital currency transaction.

The case value exceeds 50 billion, involving more than 3 10000 bitcoins, 9 17000 etheric coins and other digital currency. More than 2 million people participated, and the pyramid scheme level was as high as 3,000.

Old-fashioned modus operandi, different trading media. This "priceless" case is the "token-added" network pyramid scheme cracked by Yancheng Public Security Bureau of Jiangsu Province.

At present, the case has entered the trial stage, which is the first transnational pyramid selling crime case detected by China public security organs using blockchain technology and digital currency trading.

At the beginning of 20 19, Yancheng Public Security Bureau first discovered that Plus Token platform was suspected of engaging in Internet pyramid schemes. In June of the same year, the police of the task force went to many countries and regions to cooperate with the local police and successfully arrested 28 principal criminals hiding at home and abroad. In March of the following year, all 82 key members involved in the case were arrested in one fell swoop.

This Plus Token platform, which was once called "the largest money disk in the currency circle" in the industry, is really large in scale. It is reported that when the platform principal was arrested, the price of Bitcoin plummeted by 30%.

According to Mei, deputy head of the Economic Investigation Detachment of Yancheng Public Security Bureau, during the period from May 20 18 to June 20 19, the Plus Token platform * * * developed more than 2 million members, including a considerable number of overseas members, and the hierarchical relationship was as complicated as 3,000.

In order to hide people's eyes and ears, Plus Token does not accept cash transactions, and members must join the membership through digital currency such as Bitcoin and Ethereum. However, income and commission are paid to members in the form of "Canadian dollars", which is a "virtual currency" created by criminal suspects and is not recognized by the market at all.

It is reported that the platform has collected more than 3 10000 member bitcoins and more than 9 17000 digital currency bitcoins. According to the market conditions at the time of the crime, the total value of these digital currency is over 50 billion yuan.

Similar to previous pyramid schemes, this case also covers up the scam behind it by creating a concept of "very tall": the suspect will add Token to package it into a wallet that integrates technology and dreams. Let this domestic pyramid selling platform become a wolf in sheep's clothing and a digital currency value-added platform developed by famous foreign brands.

However, if you want to join this "high platform", you must get the "smart brick moving income" of the platform, that is, you must pay at least $500 in digital currency "threshold fee". In order to earn more money, members must develop more levels of downline.

Why do so many people fall for a scam that seems so obvious to outsiders? In fact, people's awareness of prevention is not strong enough, and they always fantasize about "getting something for nothing" and "getting rich overnight". In the end, their ideals were broken, and they eventually hurt others and themselves.

In recent years, through innovation and practice, the achievements of economic investigation informatization construction have also been widely used. Although we have made progress in this new type of network economic crime, the police also reminded us that in major pyramid schemes, except for the organizers and a few high-level backbone members, the vast majority of people were completely annihilated.

There will be no pie in the sky, so investors must be vigilant so as not to leave an opportunity for criminals.

In this regard, some netizens called for: "Speculation of coins, blockchain and certificates is almost the same model. The regulatory authorities and the public should keep their eyes open and continue to strictly control the criminals who play digital currency's edge ball. "

——END——

The pictures are all from the Internet.

All rights reserved. Reprinting without permission is prohibited!