The Ministry of Public Security reminds: "Baiye Chain" is a scam, and you should be rational about "blockchain", "virtual currency", etc.

On August 13, the Urumqi Internet Police Patrol and Law Enforcement published an article titled "Ministry of Public Security Reminder: "Baiye Chain" is a Scam, Please Be Rational About "Blockchain", "Virtual Currency", etc." The article stated that with the rapid development of emerging technologies such as "blockchain", some lawless elements are taking advantage of the public's desire to invest and manage their finances, and under the guise of "blockchain" high-tech, they are using so-called "mining machines" to mine high-priced "virtual currency" to commit fraud and infringe upon the public's legitimate rights and interests.

Establish a correct investment philosophy, look at concepts such as "blockchain" and "virtual currency" rationally, do not believe in the lie of "pie in the sky", improve your risk awareness, and do not give criminals an opportunity to take advantage of you. The currency circle fund is a digital game, a game of making money out of nothing, a game of who can run faster. The various air coins and pyramid schemes in the currency circle are nothing more than Ponzi schemes under the gorgeous packaging of blockchain. When you throw out your chips with hope, the money will no longer belong to you. (Network Security Bureau of the Ministry of Public Security)