False transaction of bitcoin
It is illegal to issue virtual currency privately
According to Article 29 of the regulations of the people's Republic of China on the administration of RMB, no unit or indivial is allowed to print or sell token tickets to replace RMB in circulation on the market In addition, the "emergency notice of the State Council Office for rectifying unhealthy tendencies in the instry, the State Economic and Trade Commission and the people's Bank of China on prohibiting the issuance and use of various token certificates (cards)" also strictly prohibited similar issues 
extended data
virtual currency refers to non real currency. Well known virtual currencies, such as online currency of Internet company, q-coin of Tencent company, q-point and voucher of Shanda company, micro currency launched by Sina (used for micro games, Sina reading, etc.), chivalrous Yuanbao (used for chivalrous road game), silver grain (used for bixue Qingtian game), and popular digital currencies in 2013 include bitcoin, Laite coin, infinite coin, quark coin, zeta coin, etc Barbecue coins, pennies (Internet), invisible gold bars, red coins, prime coins. At present, hundreds of digital currencies are issued all over the world. Popular in the circle & quot; The legend of "bitcoin, Wright silver, infinite copper, pennies aluminum"
market formation
the Internet has led to the emergence of a new market, which is a virtual market based on cyberspace. The Internet provides a lot of communication places for consumers, and also provides business market for enterprises. Enterprises must change from proct centered to service centered to customer centered. With the development of computer artificial intelligence technology and database technology, enterprises can conveniently collect customers' information, understand customers' needs in time, change business strategies and grasp economic arteries in real time
With the rapid development of computer and network communication technology, the application of Internet technology has graally penetrated into various fields of human activities, and the unlimited business opportunities that it contains make businesses turn their eyes to e-commerce. E-commerce is penetrating into all aspects of social and economic life at a speed that people can hardly imaginethe traditional finance is also closely watching this irresistible trend of global economic integration and networking. As a result, value-added services take art as the selling point and can be regarded as commodities; The sword in the game is not a brand-new financial services business philosophy - e-finance came into being
from the historical development process, to understand e-finance, we must start from the electronic finance and e-commerce. The so-called e-financialization means that financial enterprises adopt modern communication, computer, network and other information technology means in addition to Internet technology to improve the work efficiency of traditional financial service business, rece operating costs, realize the automation of financial business processing, informatization of financial enterprise management and scientific decision-making, and provide customers with faster and more convenient services, And then enhance the financial enterprise is the behavior of market competitive advantage
e-finance is a transcendence of financial electronization. Different from the electronic finance, the main technical basis of e-finance operation is the increasingly perfect Internet technology. Due to the characteristics of global connectivity, openness, quickness and low marginal cost of Internet technology, e-finance strengthens the restructuring and innovation of financial services business based on Internet technology, so that customers are free from the restrictions of business hours and places, and enjoy all kinds of high-quality and low-cost services provided by financial enterprises anytime and anywhere
with the development of Internet, the form of money is becoming more virtual, and there is an electronic money that only exists in the form of electronic signal
reference source: Network: virtual currency
what is bitcoin
a virtual currency
What is bitcoin< p> Bitcoin was a kind of virtual currency at the beginning, which can buy real-life goods. It is characterized by decentralization, anonymity and can only be used in the digital world. It does not belong to any country or financial institution. Bitcoin is not subject to geographical restrictions and can be exchanged anywhere in the world. Therefore, it is also used as a money laundering tool by some criminals. In 2013, the US government recognized the legal status of bitcoin, which made the price of bitcoin rise a lot. At that time, a bitcoin was equivalent to 6989 yuan. After that, bitcoin was blocked by many parties because of its status quo of encouraging illegal activities and disrupting the financial order. China stopped the registration of new users on September 14, 2017, and stopped all trading business on September 30
behind the soaring price of bitcoin, it may be controlled by the makers or the trading platform's & lt; Black box operation & quot; To control. Relevant departments have detected that some overseas trading platforms are suspected of a large number of false transactions . By 2020, the three major trading platforms will be shut down frequently, more than 40 overseas virtual currency trading platforms will run out of cash, and many companies are suspected of manipulating the market. At present, it is necessary to guard against the revival of domestic virtual currency trading platform. At present, the relevant departments have established a technical supervision system. If illegal financial activities are found, they will be transferred to functional departments and public security organs to deal with illegal fund-raising and severely crack down on them according to law
the trading platform also inces investors to participate in leveraged trading by issuing leveraged account experience coupons however, the current highly leveraged crypto asset contract market rules are not perfect, and indivial investors as a whole do not have the corresponding level of awareness and risk tolerance. In June 2020, a man in Dalian city used leverage to participate in virtual currency trading, resulting in a loss of more than 20 million yuan, and committed suicide with his wife. These are some of the routines of bitcoin
the defendant Wu said: "Xu told me that he bought a mining machine for investment, which is to proce bitcoin. He bought 40 sets, and the income was very good, so I bought a group with him, 600000 yuan, and bought four mining machines."
in February 2014, the defendant Wu joined the krypton energy group of Hong Kong, which has no instrial and commercial registration, as a member and began to participate in the publicity and investment of mining machines. According to the company's regulations, all mining machines must be in the form of one driving three, that is, one is the main mining machine, and the other three are called big cloud, medium cloud and small cloud respectively
defendant Wu: "one of his models is that one person finds three people, three people find nine people, nine people find 27 people, so he goes down infinitely."
defendant Wu: "is the income given to you by the company in cash or bitcoin?" Bitcoin Where have these bitcoins gone?) It's all stored in krypton's "multi coin treasure."
seeing a high return, Wu started to develop his own four mining machines, with 32 people and an investment of more than 42 million. During the period, Wu also organized and attended krypton group marketing meetings and organized member tours for many times
defendant Wu: "what is the actual purpose of such a free overseas tour?" Is the company's overseas meetings, overseas promotion meetings Actually, his goal is to develop investors, right Yes
at the end of 2014, the bitcoin price of krypton energy group dropped significantly, causing investors' panic. Through wechat, small meetings and other means, Wu claimed that krypton group's website was adjusted and recovered soon, and encouraged investors to buy while it was low. At the end of February 2015, the website of krypton energy group was completely closed, and Wu realized that it was a false transaction< The defendant Wu said: "the trading data of the trading platform belongs to robot trading, which belongs to false trading. Our mining machinery is only an account on the website, and I have not seen where the real mining machinery is. I am only a member recommended by Xu, and I am also a victim."< According to the procuratorate, Wu should be investigated for criminal responsibility for organizing and leading pyramid selling activities, and the case should be sentenced on a certain date
if someone tells you that an investment can make you rich overnight without risk, he is mostly a liar, so he still says, "pie will not fall from the sky".
With digital currency bitcoin in the spotlight in 2017, it's hard to remember the shadow of other cryptocurrencies
according to a new report, 1000 bitcoin holders have 40% market share
it is said that these major investors, known as "whales", may cause the value of cryptocurrency to plummet at any time
bitcoin once approached the $20000 mark. At the beginning of the year, bitcoin was worth just $970
However, cryptocurrency is very unstable. The value fell below 14000 yuan on December 10 and rose above 16000 yuan on December 11 Moreover, financial experts believe that bitcoin may be more unstable than people think. Recently, some Chinese bitcoin players have taken to court in a rage over losses
according to the bitcoin player, from November 2013 to June 2016, he paid 321966 yuan to fire coin, withdrawn 104772 yuan from fire coin, and lost 217194 yuan. The losses were caused by the bitcoin and lightcoin exchanges with 20 times leverage through the accounts on bitvc website
because bitvc website does not accept RMB recharge, it only accepts virtual currency recharge, so its transactions on the website are all through the purchase of bitcoin and Leyte coin by recharging cash on fire coin, and then transfer the purchased virtual currency to the account of bitvc website
the bitcoin player also said that although fire coin knows that virtual futures trading is illegal, it still lures registered users of fire coin to enter bitvc website for virtual currency futures trading with 20 times leverage by opening bitvc website and setting up links on fire coin website, using high leverage incement and telephone invitation. Fire money network further through the control of background data, false transactions and other means of fraud, resulting in his damage, so it asked fire money network to compensate for the loss of 52.8567 bitcoin, 815.9731 lightcoin
the court held that the arbitration clause agreed by the bitcoin player and the fire coin company has come into effect, and the ruling is confirmed to be valid. The dispute in this case should be arbitrated by the arbitration organization, and the court has no jurisdiction, so the lawsuit should be rejected
common financial fraud features
1. Fictitious trading platform, using simulated trading software. Scam gangs often make up a tall company and send a simulated trading software to investors, which is controlled by them. In the software, commodity market and price trend are all set by themselves, and then hyped with investors. You buy up, he buy down, let you lose money
2. Freezing customer accounts and delaying transactions. When the investors make profits, they freeze their accounts so that they can't sell normally after they buy. Then other operators will widen the price direction, making the investors' actual profits turn into losses
3. When the customer is profitable, close the position forcibly. Its good name is to avoid your loss. Because the trading software, they have backstage control, found that investors profit, forced closing. Because investors are usually network open. Account, one no contract, two do not know the name and address of the company, often forced to close positions, powerless, no door to appeal
4. Set up a virtual account in the trading platform, then inject virtual capital into the account, and then control the trading market through the virtual capital, resulting in the loss of the victim
5. Enlarge the transaction leverage, set up the "main account" of the victim with the capital amplification ratio of tens or hundreds of times, and then make the victim lose money through the capital advantage operation and market control after amplification
6. Perform "sliding point" operation. According to the regular trading order of commodities, but a small amount of increase or decrease in the transaction amount of customers, so that customers make less profits or more losses and make profits
7. Frequent trading on behalf of customers to earn high handling charges, collect customer storage fees, processing fees, profit sharing and other losses for investors
all kinds of foreign exchange trading platforms on China's network, one without the approval of China's financial regulatory department, two without the establishment of relevant institutions to provide business services in China, three without filing with the telecommunications department in accordance with the law, are illegal business activities
features
1. A compliant foreign exchange platform
regulated dealers, whose customers trade orders directly into the bank and the market, provide channels for banks and traders, and make profits in the foreign exchange market only through technical analysis. At present, the major foreign exchange dealers in the world are regulated by four regulatory bodies: 1. The Financial Services Authority (FSA), 2. The Commodity Futures Trading Commission (CFTC), 3. The National Futures Association (NFA) and 4. The Australian Securities and Investment Commission (ASIC), Once a complaint is made, the regulatory authorities will accept it. Moreover, every investor's trading list is the bank order corresponding to the dealer, and there will be no false trading
2. Non compliant foreign exchange platforms
small platforms that are not regulated by regulators or fake regulators. Investors just bet with dealers, that is, the so-called internal trading. The money that investors lose flows to the dealers' capital pool. Their purpose is to put the money in your pocket into your own pocket, and they will not be responsible for the investors' funds.
First of all, as an ordinary person, you'd better not understand this kind of market. Professionals may not play well
in the past two days, I saw an article saying that all cryptocurrencies have false transaction volume, revealing the shocking deception in the circle of blockchain. Of course, as an ordinary person, I am very curious. Isn't it amazing that blockchain cryptocurrencies are spread on the Internet? Why does the trading volume of this kind of currency still have fraud? Isn't it just like Taobao merchants doing activities to swipe orders? Or is the price of the special offer unreasonably high
to get bitcoin, first of all, your computer should have the latest version of bitcoin client installed. After opening the client, it will automatically download all the transaction information data on the network to the local. Depending on the network speed, this process may take several hours. At this time, your account balance is 0, you can ask your friends to send you some coins, but there are two more feasible ways: one is to do miner mining, the other is to do merchant acquisition
nowadays, bitcoin mining is not as profitable as it used to be, but it is still profitable. Joining the mine pool is a good way to earn bitcoin. On the one hand, this method does not require very high computer performance, and does not require so high electricity costs. Here is a list of ore pools (for reference only). Joining the mine doesn't mean you can take bitcoin. Because mining is becoming more and more difficult, but if you are interested in mining, you can click here to see how to mine bitcoin
the use of water quality electrolysis instrument makes tap water black and green, misleading consumers that there is something wrong with tap water. An electrolytic water scam aimed at promoting water purifiers has become notorious in some cities. According to the investigation, this kind of deception has a tendency to infiltrate into the countryside. Recently, Baoding water supply company of Hebei Province has been receiving consulting calls from rural residents in Gaoyang, Anxin and other counties, asking whether there are problems with tap water. Relevant departments hope to use this newspaper to remind rural consumers to guard against electrolytic water fraud
Instrial and commercial law enforcement officials told reporters that electrolysis of water is a trick of illegal vendors. The water quality electrolysis instrument has two groups of electrodes, each of which is composed of iron rod and aluminum rod. During the experiment, the electrodes are put into tap water and purified water respectively. After being electrified, the tap water begins to mix and change color, while the purified water changes little. At this time, the swindler explained to the audience that these colored substances were "pesticides", "viruses", "heavy metals" and other harmful substances, so as to promote their water purifiers
according to the water quality laboratory staff of the water supply company, the calcium and magnesium plasma in tap water belongs to electrolyte. After the iron rod of electrolysis instrument anode is put into tap water, the iron is electrolyzed to form iron hydroxide (gray), ferrous ion (green), ferric oxide (reddish Brown) and ferric oxide (black); The pure water does not contain conctive calcium and magnesium ions, so it does not change color. If you use mineral water, mineralized water or pure water with a little salt, the water will still change color
in addition, some vendors use TDS instruments to measure tap water and purified water. "TDS" is English, which means total dissolved solids, that is, total salts dissolved in water. Therefore, the level of "TDS" does not represent the quality of water
the reporter learned that e to the market supervision of law enforcement departments and the exposure of the media, the graally infamous electrolyzed water performers in cities have transferred the scam to remote counties and rural areas, mainly explaining it to some old friends and farmers with low ecation level, and using people's health and low discrimination ability to promote their procts Sun Jianjun, Li Jian)
editor: Fu Wei
original link address: http://www.cctv.com/financial/20060518/100822.shtml
Bitcoin trading platform undertakes most of the functions of "bitcoin for cash" and "cash for bitcoin". The three largest exchange platforms in the world are Mt. GOx, bitstamp and btcchina. If you think that the use of bitcoin wallet is too cumbersome, the transaction data block takes up too much space. You can also use the trading platform as an online wallet. But note that bitcoin in the trading platform is actually stored on the website server
the total number of bitcoin trading platforms at home and abroad is about 100000 BTC. The daily turnover of bitcoin trading platform in normal operation in China is about 50000 BTC. But trading volume doesn't mean bitcoin usage. Speculators keep buying and selling bitcoin in the trading platform, which makes the trading volume of bitcoin far larger than the turnover among users; Even less bitcoin is used for payment
there are many online bitcoin trading institutions at home and abroad, which accept the exchange of bitcoin and legal tender. Mt. GOx is the earliest bitcoin trading platform, which was established in Japan in 2010. Bitstamp and btc-e are two other foreign trading platforms. There are also a large number of trading platforms in China
anyone can set up a bitcoin trading platform and develop a trading platform, which is no different from the development of traditional websites. And open source website has ready-made PHP class library can be called. Any bitcoin trading platform will become a live target for hackers. Can we guarantee the security of the website? If the website is attacked by hackers and all the bitcoin stored on the server is taken away, how to explain to the registered users? Mt. GOx, headquartered in Japan, used to be the largest bitcoin trading platform. On February 25, 2014, the official website of mt.gox was blank. Mt. GOx has deleted all of its twitter posts
on February 25, 2014, a number of bitcoin trading platforms including coinbase, circle and "bitcoin China" jointly issued a statement, which defined the incident as "the ruthless betrayal of mt.gox users' trust is caused by the ugly behavior of a company"
these companies said: "in order to solve the trust crisis caused by the failure of mt.gox, the responsible bitcoin trading platform will work together to promote the future of bitcoin and ensure the capital security of all customers. On February 25, 2014, the opening price of "bitcoin China" was 3562.41 yuan. By 4:40 p.m., the price had dropped to 3185 yuan, down more than 10%
according to the historical market data of the platform, on January 27, 2014, 1 bitcoin could be converted into 5032 yuan RMB. This means that in less than a month on the platform, the price of bitcoin has dropped by 36.7%. At the end of October 2013, Hong Kong GBL platform absconded with funds, and the whereabouts of more than 20 million yuan of funds were unknown. The program of this trading website is very poor. It doesn't use SSL security protocol, and even the user name is stored in clear text. They don't have some basic programming knowledge. GBL relies on the broker to develop the new customer's "quasi MLM" mode
on October 22, 2013, looking at the market of bitcoin, Mr. Qiao, a citizen of Dongyang, searched GBL company, a bitcoin trading platform, on the Internet, and recharged 90000 yuan to buy and sell bitcoin through a third-party payment. On October 26, 2013, it was found that the staff of the online trading platform were not online, and some normal trading proceres could not be implemented. It was found that the registered address of the company was false after a check, and a total of 90000 yuan was cheated. This is the first case of "bitcoin" fraud in Dongyang City. The police remind the citizens who buy "bitcoin" on the Internet to pay attention to screening the authenticity of the website to prevent being cheated
western economists have a lot of worries about the current economic bubble phenomenon of bitcoin. Australian Economist John Quiggin called bitcoin as "the most pure example of economic bubble (perhaps the finest example of a pure bubble)" recently, bitcoin continues to be hot, so that the virus, Trojan horse active, anti-virus company said, January and bitcoin mining related Trojan horse variants of ten thousand. In addition, some netizens disclosed to the IT channel of chinanews.com that some counterfeit coins similar to bitcoin may have "special blocks" and be poached. For ordinary miners, this may be more terrible than a Trojan horse
a bitcoin blackmail virus named "CTB Locker" is spreading in China. The virus can extort ransom from users by encrypting their computer files remotely. Users' files can only be opened after paying ransom
according to anti-virus experts, the virus cannot be cracked at home and abroad. On May 27, 2014, through the analysis of transaction data, Willy report website came to the conclusion that the soaring price of bitcoin last year and the huge increase in the trading volume of Mt. GOx may be e to false transactions, and may even involve insiders of Mt. GOx
nowadays, more and more people begin to suspect that the sharp rise of bitcoin in November 2013 and the increase of mt.gox's trading volume are partly e to a fraud. Specifically, a robot called "Willy" buys five to 10 bitcoins every five to 10 minutes, and this behavior lasts for at least a month
the bitcoin price of mt.gox has soared from about $200 in early November 2013 to a record high of $1236 on December 4 last year. While making early participants excited, more and more analysts began to explore the reasons behind: is it because Chinese people are speculating in their free exchanges? Or is it because bitcoin's resistance to government confiscation after the "Silk Road incident" led to a large outflow of this virtual currency
Willy report is a website with only one article, which describes in detail all kinds of suspicious robot trading activities from September to November 2013