liaoning

ChainCatcher message, the Liaoning High People's Court issued a warning about the risks of virtual currency investments: Recently, some illegal institutions have been hyping up "financial innovation" and "digital assets" as a gimmick, taking advantage of the public's lack of understanding of stablecoins and other concepts. They are attracting public funds by issuing so-called "virtual currencies," "virtual assets," and "digital assets," inducing the public to participate in trading. This requires a high level of vigilance.

ChainCatcher news, according to the Shandong Cyber Police public account, a man from Liaoning, Qu, became an offline U coin dealer after posting job information online and took a 3% cut from each transaction based on the cash received. He was arrested by the police during a transaction in September, with 217,000 yuan in illicit funds seized.After investigation, the suspect Qu confessed that he had committed crimes related to U coin transactions twice this year, earning 217,000 yuan in cash from these transactions, with his cut being over 6,000 yuan. The upper-level dealer's request for him to act as a U dealer was merely a facade; in reality, it was to withdraw money from the so-called "clients," who were all victims of their telecom network fraud. Currently, the suspect Qu has been criminally detained by the police, and the case is under further investigation.