Recently, the Liaocheng Public Security Official Account announced that the Shen County Public Security Bureau of Liaocheng City, Shandong Province successfully cracked the city’s first pyramid scheme case involving virtual currencies, “12·04.” Six pyramid scheme leaders and key members were arrested, and illegal gains of more than 10 million yuan were recovered.
In December 2022, the Shen County Public Security Bureau police discovered that there was a virtual currency pyramid scheme on the Binance Smart Chain during an online inspection. The project used smart contracts through the "token pocket" wallet to release decentralized cryptocurrency DCS and CAR, with high The reward is used as a temptation to encourage participating members to raise the prices of DCS and CAR and attract new people to join, which is suspected of pyramid schemes. The task force once set up a forward operations headquarters in Qingdao and received assistance from the public security agencies of Tai'an, Weifang, Xi'an, Fuzhou and other places. #注意资金安全