MFC digital currency
There are many cases, for example:
1. The court has decided that there are 43 cases of capital disk cases (monitored in 2019):
Eurasian currency, GBC currency, fortune currency, Xibao currency, Zhonglian international blockchain, CTC blockchain asset trading project, yataifang APC currency, FCF trading platform, Meile chain, Baote currency, Dasheng currency, Yunjin coin, Wuxing currency, lon currency, GGP win-win points, etc Lige coin mining machinery investment platform (Lige coin), MFC network platform (M coin), PEC coin, GWG platform, QEF network platform
sky cloud Century (cloud points), Xibao coin, seal coin (Hill chain), Haina coin, u coin, tokenstore wallet, Bailey cloud, Huimin cloud, GMQ platform, Yinti coin, Thailand global tourism chain, Yuanbao coin (YCC digital currency), BRICs reserve asset currency, Xingye financial management network platform, AFTC virtual currency trading platform, angel coin
energy californium investment platform, & quot; Shisan art mall, shubao.com, Juxi Chaobao, (art business voucher) & quot Smart chain, Guoshu blockchain, e-huiyunshang, Yiyun blockchain, MB chain, circulating currency, micro miner, TLC
2. The local police or relevant departments have put on file to investigate the fund disk cases (a total of 29 cases were monitored in 2019):
plus token, bitpig, Zhongtian Shengxiang bchc, Lecun coin nby, dcrc digital rights blockchain, FC coin (FC points), eosnode, Xunshan farm platform, network gold points, Zhaoyun gold, wotoken wallet, AIFA coin, ICC network red chain, etc Radar currency, liangbisi, huileyi and BISS exchanges
akoex trading platform currency, PCE currency, ICC net red chain, bzc, BTA, LCC light cone currency, idax exchange (platform currency it), yunfutong, shell international trading platform, yuncoin platform, BHb, hero chain HEC, qubu
3. There are 28 capital collapse cases monitored in 2019:
MGEX trading platform, dogx wallet, moretoken wallet, bitdog, usdtex exchange, Walden block dog, youbank, MGC token wallet, sum token wallet, beebank digital currency wallet, bib digital currency, Keaton digital asset management company, abnormal miner BTMC Wave point wallet, wave field super community
Ruijing house trading platform, flash chain she, v-dimension resonance coin (VDS), bell chain, EGT, fomo3d, Cambodia national stable digital currency KHT, GEC environmental protection coin, Shengshi Dynasty game platform, quark chain letter, manxingyun munics bank, Qushui, guirentong GRT
extended materials
the project side of the capital disk will generally carry out "gorgeous" packaging for the project by wantonly publicizing the blockchain technology and advocating that the team is a foreign senior technician, and carry out multi-channel promotion for the capital project online and offline through publicity such as high-yield and stable profit without loss, so as to attract new funds. Lin Xiao said bluntly, "from the current point of view, the project's favorite is the old man and Xiao."
when the investors' funds are in place, the project party will not harvest immediately, but will choose to smash the plate when the "leek" reaches a certain volume and the currency price rises to a certain high level
in the first wave of market smashing, the project parties usually operate by selling. They will control the decline of the currency price, but they will keep in the range where the user has a loss and is not too serious. For example, with an investment of 10000 yuan and a loss of about 1000 yuan, the project side can realize its own cash out without causing too much impact on the "chives"
On July 1, 2017, the Ministry of public security exposed MBI as a pyramid scheme
under the guise of MFC, MBI group in Malaysia has been identified as MLM by public security, instry and commerce departments because its operation mode is in line with the characteristics of head pulling, money investing and offline development in Ponzi scheme
in mid-2017, MBI was officially investigated in Malaysia
in 2017, Malaysian and Chinese police launched a crackdown on MBI, and the organizers have been sentenced for pyramid selling
in 2012, the defendant he Zhenqiu joined MBI International Group (hereinafter referred to as MBI) through Zhang Yufa, a Malaysian citizen, on the social financial platform with the theme of "smoothing plan, wealth freedom"
he Zhenqiu knows that the activity involves MLM, and he is still developing members in China, with more than 200000 offline accounts directly or indirectly developed under his account name. He Zhenqiu, the defendant, was sentenced to eight years' imprisonment and a fine of 600000 yuan
extended information:
Jiangsu Internet Finance Association updated the "Internet MLM identification guide" issued in 2016 in combination with the latest characteristics and modes of Internet MLM. Compared with last year, the Internet MLM Identification Guide (2017 Edition) mainly added two parts of digital money MLM and wechat MLM
in the part of MLM of digital currency, the guide to identification points out that the understanding of digital currency needs a certain threshold, and most investors do not understand digital currency. Many MLM practitioners use this to cheat and combine the concept of "digital currency" with MLM to form "MLM type digital currency"
this guide named 26 so-called digital currencies as illegal pyramid schemes under the guise of digital currency. One of them is MBI
according to instry insiders, the basic routine of MLM is that the "trading market" of MLM digital currency is basically controlled by specific institutions. In the early stage, in order to attract investors to invest, the price of money may be very high. Once the time is ripe, it will be sold intensively. Once the price drops, the investors will lose all their money
What's worse is that when it comes to the peak of money return, the platform is closed directly and the organizers lose contact. Then they go to other places to pack new concepts and continue to cheat according to similar deception methods