Henan Public Security Department Anti-Fraud Center: Six major digital currency investment restricted areas: Huobi, Binance, and OKEX are "more reliable"

Wu Blockchain learned that the Henan Anti-False Information Fraud Center under the Criminal Investigation Corps of the Henan Provincial Public Security Department recently published an article listing four major scams: brick-moving arbitrage, counterfeit website APPs, counterfeit staff, and Ponzi schemes, as well as six investment forbidden areas. The content is very professional.

At the same time, as an institution under the Criminal Investigation Corps of the Henan Public Security Department, it emphasizes that " it is more reliable to choose some large digital currency trading platforms, such as Huobi, Binance, OKEX, etc. ", which indirectly shows that mainstream trading platforms have relatively good communication and recognition with regulators, which is helpful for industry compliance.

The article points out that recently, many cases of people being defrauded by investing in digital currency on online platforms have occurred in various parts of our province. Criminals have tricked people into investing in digital currency on the Internet.

On June 8, a woman in Anyang downloaded the "FXCM APP" to invest in a digital currency project and was defrauded of 950,000 yuan.

On June 12, a man in Zhengzhou was lured into investing in digital currency through an online stock trading software and was defrauded of 1.32 million yuan.

The article stated that digital currency is a new technology that can improve transaction efficiency, but it has been targeted by criminals, who use it to conduct pyramid schemes and fraud.

The official website of the Monetary Gold and Silver Bureau of the Central Bank issued a "Risk Warning on the Issuance or Promotion of Digital Currency in the Name of the People's Bank of China". The central bank warned that recently, some companies have used the name of our bank to label relevant digital products as "authorized by the People's Bank of China" or falsely claimed to be the central bank's digital currency promotion team, attempting to deceive the public and take the opportunity to make huge profits.

The central bank has not issued a legal digital currency, nor has it authorized any institution or enterprise to issue a legal digital currency, and has no promotion team. Currently, the so-called "digital currency" on the market is not a legal digital currency . At the same time, the so-called "digital currency" launched by some institutions and enterprises and the so-called promotion of the central bank's issuance of digital currency may involve pyramid schemes and fraud .

The "Internet MLM Identification Guide" issued by the Jiangsu Internet Finance Association named 26 so-called digital currencies as illegal MLM projects disguised as or suspected of being disguised as digital currencies.

They are: Treasure Coin, Baichuan Coin, SMI, MBI, Mark Coin, Dark Coin, MMM, American Fidelity Compound Interest Financial Management, Carat Coin, Vbao, OneCoin, PetroCoin, Huaqiang Coin, CB Asian Infrastructure Investment Bank Hong Kong Group, CoinSheng, Morgan Coin, Beta Coin, World Dollar, U Coin, Jubao, 21st Century Fox, Wanxi Financial Management, Wanfu Coin, Five Elements Coin, Yi Coin, China Coin, etc.

Here are four common scams:

Type 1: Serial scams caused by "arbitrage"

Type 2: Phishing websites or counterfeit apps that impersonate foreign digital currency official websites

Type 3: Impersonating foreign digital currency official staff

Type 4: Ponzi scheme or pyramid scheme tokens

Forbidden Zone 1: Beware of MLM Coins

Forbidden Zone 2: Be careful with social groups

Forbidden Zone 3: Beware of Fake Platforms

Forbidden Zone 5: Beware of Fake Websites

Forbidden Zone 6: Beware of proxy investment