Zheng Rongyao, vice president of OKCoin products, told the Economic Herald that the Notice on Preventing Bitcoin Risks issued on 20 13 pointed out that Bitcoin is a specific virtual commodity, and its transaction is a kind of commodity trading behavior on the Internet. The currency developed by many fraud gangs is the second generation or upgraded version of Bitcoin. In fact, MLM virtual currency is often rewarded through self-built platforms, attracting people to remit money, all of which are controlled overseas, and the online banking and online payment platforms are used to complete capital transactions, which is extremely concealed.
In fact, in February this year, the police in Zhongshan City, Guangdong Province, through two months' investigation, have arrested three digital currency suspects in Jilin Province and frozen 654.38 billion MLM funds. Chen Man, who was acquitted last year, participated in digital currency's investment project-Basic Chain, and the specific amount of fraud was unknown. At present, it seems that the micro-MLM organization under the banner of digital currency has quietly taken shape, and it is more difficult for the Internet to crack down on such crimes, and it is difficult for the MLM organization to be uprooted.
The International Finance and Investment Association and Sun Fei recently issued a statement on social platforms, saying that "I have nothing to do with the central currency or any virtual currency". The reporter learned that there are some illegal companies in the domestic and international financial markets that use the names of experts and scholars to solicit business and promote financial products. In an interview with the reporter of Economy, Sun Fei said that for investors, apart from formal financial institutions, we should not trust the capital market, foreign exchange market, spot futures market and virtual currency in domestic and foreign financial markets. The state needs to introduce relevant policies as soon as possible to supervise and prevent such Ponzi schemes from getting worse.
Zhang Huaxin, a lawyer of Chiba Law Firm, said that according to the Regulations on MLM promulgated by the State Council, the operation mode and marketing behavior of Jilian digital currency have been in line with illegal pyramid schemes. Zhang Huaxin believes that digital currency, as a virtual financial commodity, has doubts about its authenticity and sex, and the basis for its existence has not yet been found. Zhang Huaxin, when investors make investments, they must first understand and distinguish whether the products they want to invest are real or not. Secondly, consider the risk and affordability of investment; Finally, when investing in unfamiliar areas, try to consult professionals.
Coins are packaged into digital currency, which attracts people's attention through micro-marketing. For such a scam, many people who don't know digital currency are easily fooled. Relevant departments need to strengthen publicity and teach how to prevent and supervise while strictly controlling and thoroughly investigating.
Money and other pyramid schemes often rely on the promise of getting rich quickly, taking advantage of investors' ignorance of finance, legal knowledge and internet finance knowledge, and swindling through WeChat groups, social software groups and numbers, supplemented by offline activities, bringing huge property and losses to investors and their families.
Among them, it borrowed the name of digital currency. digital currency is hot at present, but the public is not familiar with it. Yu Baicheng, director of the Research Center of Online Loan House, told a reporter that because of the fiery mystery of digital currency in recent years, pyramid sellers chose this as their target. "But in essence, the currency is not digital currency."
Li Zichuan, a senior analyst at Analysys Internet Finance Research Center, told reporters that digital currency belongs to the category of virtual currency, but virtual currency is strictly enforced in China, and the right to issue currency is only in the central bank. The so-called limited edition currency in any other channel and form has trampled on this red line.
"At present, there is no very accurate definition of digital currency in the world, and its research and application are still in the initial exploration stage." Li Gaoyang, a researcher at Shiguo Capital Research Association, also told the Economic Herald that the most famous digital currency on the market at present may be Bitcoin, in addition to Litecoin, dogecoin, and China folk ingot coins.
Digital currency's "digital currency" is an alternative currency in the form of electronic money. There is no centralized issuer in digital currency, and anyone can participate in manufacturing and circulate around the world. There are also related websites in China to provide transactions.