1. Whether foreign exchange speculation is illegal fund-raising depends on whether the behavior meets the conditions of illegal fund-raising. 2. If the amount is relatively large, he shall be sentenced to fixed-term imprisonment of not more than five years or criminal detention, and shall also be fined; 3. If the amount is huge, he shall be sentenced to fixed-term imprisonment of not less than five years but not more than ten years, and shall also be fined; 3. If the amount is especially huge, he shall be sentenced to fixed-term imprisonment of not less than 10 years or life imprisonment, and shall also be fined or confiscated.