65438+In mid-February, Jay Clayton, Chairman of the US Securities and Exchange Commission (SEC), emphasized the risks of Bitcoin and warned investors to be careful of ICO. In a statement on his website, he said that investors should understand that ICO has not been registered with the US Securities and Exchange Commission so far, and the Commission has not approved any listed trading funds holding digital currency. Clayton clearly pointed out the hidden risks behind the bitcoin craze, including transferring investment overseas without the knowledge of the parties.

Charles Munger, vice chairman of Berkshire Hathaway, Buffett's gold partner, believes that the hype of Bitcoin is an out-and-out "crazy move" and people should avoid Bitcoin like the plague.

"I think it is foolish to stop and think about Bitcoin," Munger said recently. "Bitcoin is a crazy bubble and a bad idea. They attract others with the concept that they can get rich easily without much knowledge or work. " Munger believes that bitcoin cannot replace gold, and investors should stay away from it like the plague.

Bank of Japan Governor Haruhiko Kuroda 65438+February 2 1 said that Bitcoin is not used as a normal means of payment and is being used for speculation.

Uncertain events such as hacking are also potential risks faced by players. 12 19, a bitcoin exchange named Youbit in South Korea filed for bankruptcy protection because it was attacked by hackers. Hackers always * * * stole 0/7% of the assets of this exchange/kloc-,which is the second hacking attack experienced by this bitcoin exchange in less than 8 months.

Summary: According to CCTV reports, recently, Henan Zhongyuan Oilfield Public Security Bureau successfully cracked the first case of bitcoin theft in China. The suspect Dai is proficient in software programming. After cracking the downloaded genuine wallet software, he added a program to transmit the user name and password to steal bitcoin. Once someone deposits bitcoin in the e-wallet, they will know the account name and password of the other party and transfer the bitcoin in the e-wallet. In this way, Dai has committed three crimes, involving more than 20 million yuan. At present, the police have identified Dai's account and frozen it, and recovered more than 2 million yuan.