Is China's digital currency the five element currency of Clou

Because the pyramid selling organizations of cloud data trade have not disappeared completely, it is difficult for the conviction and punishment of pyramid selling organizations to adapt to their social harmfulness. The main organization personnel of MLM are highly covert, and basically achieve their criminal purposes through external control

usually, the crackdown on pyramid schemes can only be dismissed, and the captured small leaders can only be detained administratively, which has no deterrent effect on crime. Before the police leave, the pyramid schemes will revive, and some people will be cheated

according to Zhang Jun, vice mayor of Chenzhou City and director of the Public Security Bureau, the criminal gang led by song miqiu founded the "Cloud Data Trade" pyramid selling organization in 2013. Song miqiu fled to Thailand secretly because he was attacked and dealt with by public security organs in many places in the country, and was later arrested and sentenced to prison by Thai police

while serving his sentence in Thailand prison, song miqiu still remotely directed his gang backbone members in China to continue to develop more than 10 lower level organizations such as Wuhua alliance, cloud smart and Jianye alliance

in December 2016, after song miqiu was released from prison in Thailand, he and others designed a new "five element coin" MLM model, and asked other MLM branches to promote the "five element coin" MLM model

"five element coin" has not opened the network in the promotion process, and the member registration does not go through the online registration. It still relies on the personnel group foundation of the original "Cloud Data Trade" MLM organization to develop offline members layer by layer, and the recommender manually records the member's personal information or reports the member's recommendation relationship layer by layer, and arranges the upper and lower level relationships among members according to the recommendation relationship

expansion data:

basic deception routine:

1, inviting the new application national promotion project Conference (preferred meeting) in the name of Alipay / WeChat. The conference has been publicizing Alibaba, Alipay and adopting national, exclusive and monopolistic exaggerated false propaganda. Description and commitment to Alipay's application and its application results have been misled from the invitation of the conference to the conference, which is mistaken for the new application of Alipay. p>

2. The MIIT's small and medium-sized enterprise informatization promotion project has preferential subsidies and limited quota, creates a hot selling atmosphere on the spot, entices everyone to pay on the spot in order to have quota, instigates others to make misleading statements, and so on, peddles services to let participants seize good registered names (in fact, MIIT does not have the so-called new application subsidy, It's pure fabrication to deceive consumers

3, and other decoy on-site payment is successful, and when signing the contract, the users will be informed that they are the only service providers authorized by Alipay application development east China region. This will dispel users' doubts and sign the contract quickly. (after consulting Alipay, Alipay will not pay the scene to Alipay Baoxin, or to authorize a company to do similar activities). The conclusion of a contract is a major misunderstanding and obvious unfairness if it intentionally conceals important facts related to the conclusion of the contract or provides false information

4. Waiting for the customer to realize that they want a refund, they will deny that they will not handle the refund for various reasons, either disappear and blackmail the other party, or let the other party report to the police and sue us

Basic routine: the "trading market" of MLM digital currency is basically controlled by specific institutions. In order to attract investors' investment in the early stage, the currency price may be very high. Once the time is ripe, it will be sold intensively, and the price will plummet, and the investors will lose all their money

1. Digital money is a real proct, and it is highly packaged

2. The participants can get a head pulling reward, and the prize is the digital currency itself

3. Digital currency will appreciate with the increase of participants in the scam. In the cycle of digital currency appreciation, the number of participants who can obtain digital currency will also increase, and the participants, including the lowest level participants, will also gain, but in the cycle of devaluation, the bottom level participants often lose a lot

in 2017, the Internet Finance Association of Jiangsu Province issued the "internet pyramid selling identification guide", which named 26 so-called digital currencies as illegal pyramid selling projects covered or suspected to be covered with digital currency. They are: treasure money, Baichuan money, SMI, MBI, mark money, Diablo money, mmm, Fuda compound wealth management, carat money, V treasure, Vicat money, petroleum money, Huaqiang money, CB aiib Hong Kong Group, Yuansheng, Morgan money, beta money, WorldCom, u money, Jubao, 21st century fox, Wanxi wealth management, Wanfu money, Wuxing money, Yi money, Zhonghua money, etc

extended materials:

five ways to distinguish whether digital currency is pyramid selling currency:

1. Issuance mode

virtual currency does not rely on specific monetary institutions. It is proced by a large number of calculations according to specific algorithms, and is a decentralized issuance mode. Each different terminal node is responsible for maintaining the same account book, and the maintenance process is mainly to package and encrypt the transaction information by the algorithm, while the MLM currency is mainly issued by a certain organization, and the profit is made by pulling the head

2. Transaction mode

virtual currency is a kind of sporadic transaction spontaneously formed in the market, which is graally completed by a third party establishing an exchange after the scale is formed. The MLM currency is issued by an institution and traded on its own platform

3. Implementation method

virtual currency itself is an open source program, which is maintained in GitHub community. The parameters and methods of the total amount limit are shown in the open source code. The open source of MLM currency is completely ing other people's open source code, and there is no use of open source code to build programs, so its essence is controlled by the website like Q currency

4, whether to give the source code link

General decentralized digital currency will give the source code link in the prominent position of the official website, so as to show the operation mechanism of the monetary system openly and transparently. The MLM currency focuses on the transaction process of recharge purchase, but does not mention its operation mechanism. Even the website does not have the link address of the source code

5, whether the official website starts with HTTPS

generally, the addresses of the official website and trading website of decentralized digital currency start with HTTPS, and the purpose is that this kind of website can well protect the user's data from illegal theft. But the official website of MLM currency, trading website and other related websites do not start with HTTPS

As early as September 2013, the State Administration for Instry and Commerce and the Ministry of Public Security announced the top ten MLM classics, and the eighth one is cloud data trade

CCTV's "focus interview" also specially reported on the "five elements" of cloud data trade. According to the focus interview, it was Zhang Jian (not his real name) who attracted buyers, and the participants thought that he was "world famous". Among the promoters, Zhang Jian is a legend. He went to university at the age of 9, cracked the bank code at the age of 12, and was proficient in six languages

and there are also a lot of celebrities, such as the top ten outstanding young people in China and the richest man in the world. However, CCTV reporters found that Zhang Jian made up all this. In addition, cloud data trade does not have a registered address, and its contact information is only telephone and wechat. After the website is posted, it will be prompted that there is a virus. Buyers have never met Zhang Jian, because there are only wechat and QQ groups

according to the report of CCTV, the mode of cloud data trade is to develop more new people to enter, in fact, it is to pull the head. Participants said that those who knew about the "five element coin" through wechat and QQ group had never met Zhang Jian and cloud data trading personnel

extended data:

“ The "five element currency" sales organization claims that what buyers spend 5000 yuan to buy is not the "five element currency" itself, but a "qualification". This "qualification" is that each "five element currency" is followed by a 5000 digital currency that can appreciate rapidly. According to the promise at the time of purchase, the price of "five element currency" will rise five times every two or three months, and the issuing company will send new digital currency for dividends

participants take the free reinvestment, and operate it five times a year, five in and five out. After calculation, the static income of "five element currency" bought by 5000 yuan can reach more than 4 million. According to the promoters, the "five element currency" is a limited edition, with a total of 500 million issued. In the future, it will replace paper currency in an all-round way. The rare is the most expensive, and the prospect is very broad. It is also called "the five element currency is the only virtual digital currency in China"

source of reference: People's website - "nun marriage" video is actually "five element money" pyramid scheme

network cloud data trade