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Event ends: August 9, 16:00 UTC
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Multiple regions' regulators have issued warnings against illegal fundraising involving virtual coins to prevent new types of online scam risks.
[Golden Finance] Recently, the so-called "2% daily interest" hundred billion fund eyewash "Xinkangjia" has collapsed, raising the entire society's attention and vigilance towards new types of online fraud. Regulatory bodies have been intensively "whistleblowing"; according to incomplete statistics, since July, financial regulatory departments in multiple regions, including Guangdong, Yunnan, Hunan, Liaoning, Heilongjiang, Zhejiang, and Fujian, have intensively warned about the illegal fundraising risks and new types of online fraud risks under the name of "virtual coin".