🔥Bank of China Shaoguan Branch uses case studies to reveal four major scams involving cryptocurrencies

15 April, Guangdong Province Shaoguan City Branch of the People's Bank of China and the Shaoguan Municipal Government Office jointly issued an announcement, disclosing illegal financial traps related to virtual currencies.
The announcement reveals four major scams involving cryptocurrencies through real cases:
First, using "exchange U" part-time誘導 to participate in money laundering, essentially disguising and concealing criminal proceeds;
Second, conducting illegal fundraising under the banner of offshore virtual currency "capital preservation and high interest";
Third, exploiting the "RWA Digital Cultural Tourism Fund" name to conduct speculative trading and fundraising scams by leveraging new technological knowledge gaps;
Fourth, using virtual currencies as a medium to conduct disguised foreign exchange transactions, suspected of illegal operation.