Digital currency is a new technology that can improve the transaction efficiency, but it has been targeted by lawless elements to conduct pyramid schemes and fraud in its name.
On behalf of the People's Bank of China, official website, Bureau of Currency, Gold and Silver of the Central Bank, issued Risk Tips on Issuing or Promoting digital currency. The central bank suggested that recently, some enterprises fraudulently used the name of the bank to mark the relevant digital products as "authorized by the People's Bank of China", or lied that the central bank issued the digital currency promotion group in an attempt to deceive the public and reap huge profits.
The central bank has not issued a statutory digital currency, nor has it authorized any institution or enterprise to issue a statutory digital currency, nor does it have a promotion team. At present, the so-called "digital currency" in the market is not a legitimate digital currency. At the same time, the so-called "digital currency" launched by some institutions and enterprises and the so-called promotion of digital currency's issuance by the central bank may all involve pyramid schemes and fraud.
Extended data:
20 17, Jiangsu internet finance association issued the "guide to the identification of internet MLM". The pyramid scheme part of the Identification Guide in digital currency pointed out that the understanding of digital currency needs a certain threshold, and most investors don't know digital currency. Many MLM organizations use this to cheat in MLM, and combine the concept of "digital currency" with MLM to form "MLM digital currency".
The guide lists 26 so-called digital currency projects, which are or are suspected to be illegal pyramid schemes under the cloak of digital currency.
They are: Treasure Coin, Baichuan Coin, SMI, Mark Coin, Black Coin, MMM, American Fidelity Compound Finance, Quick Coin, V Treasure, Vicat Coin, Petroleum Coin, Huaqiang Coin, CB Port Group, Coin Sheng, Morgan Coin, Beta Coin, WorldCom, U Coin, Jubao, 265438+.
People's Daily Online-At present, the central bank of digital currency, which is involved in pyramid schemes, warned that all of them are illegal.
People's Network-Expose the MLM digital currency scam, and close the net and run away as soon as it reaches the peak of money refund.