China Payment and Clearing Association Issues Warning Against Cross-border Gambling Scams Involving Virtual Currency Recharge

Mars Finance news, the China Payment and Clearing Association has issued a warning to prevent virtual currency recharge for cross-border gambling scams, aiming to help the public enhance their awareness of anti-fraud and gambling resistance, as well as their ability to identify and avoid scams. The China Payment and Clearing Association reminds that cross-border gambling involves "ten bets, ten losses," and participating in gambling via virtual currency carries greater concealment and risk. Engaging in gambling activities and providing fund settlement for gambling are illegal and violate regulations. Do not participate in virtual currency gambling transactions, and safeguard the bottom line of fund security.
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