On October 8, the police in Shen County, Liaocheng, Shandong Province, detected a virtual currency pyramid scheme, arrested 6 pyramid scheme leaders and key members, and recovered more than 10 million yuan in illegal gains.

In 2022, the Shen County Public Security Bureau police discovered the existence of virtual currency pyramid schemes on BSC during an online inspection. After repeated research and in-depth investigation, the project used smart contracts through the "token pocket" wallet to release decentralized (no personnel registration information) encryption Currency DCS and CAR use high returns as inducements 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 police of the task force took multiple measures, worked hard, and used information technology to finally successfully identify the organizers, project promoters, and backend maintainers of the MLM activities.