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Shanxi Provincial Non-governmental Office reminds: Beware of financial scams under the banner of blockchain

In recent years, under the banner of "financial innovation" and "blockchain", some criminals have absorbed funds by issuing so-called "virtual currencies", "virtual assets" and "digital assets", infringing on the legitimate rights and interests of the public. On July 22, the Shanxi Provincial Office of the Leadership Group for the Disposal of Illegal Fundraising explained the law and reminded financial investors that such activities are not really based on blockchain technology, but hype the concept of blockchain for illegal fundraising, pyramid schemes, and fraud. It is necessary to enhance risk prevention awareness and beware of being deceived.