Guo Hongwei, Guangdong Public Security Department: Under the banner of blockchain, online pyramid schemes, gambling, and fraud have become a new crime model

According to the Legal Daily, at a forum on combating and governing cybercrime, Guo Hongwei, chief engineer of the Guangdong Provincial Public Security Department's Cyber ​​Police Corps, said that with the development of technology, some new forms of cybercrime have emerged.

In May this year, an online gambling case was uncovered in Maoming. The dealer was hidden by recharging with Ethereum, making use of blockchain technology. In fact, the hype of these concepts also has the element of pyramid schemes. Promoting online gambling and attracting some customers can give rebates. In this way, online pyramid schemes, gambling, and fraud have become a hybrid and a new criminal model.