Is it legal to buy up or down the Wright coin

1.

virtual currency fraud calls 110 directly

many departments, such as the China Banking and Insurance Regulatory Commission, the central office of information technology, the Ministry of public security and so on, issued risk tips, saying that some criminals, under the banner of "financial innovation" and "blockchain", absorbed funds by issuing the so-called "virtual currency", "virtual assets" and "digital assets", thus infringing the legitimate rights and interests of the public

this kind of activity is not really based on blockchain technology, but on the hype of blockchain concept, illegal fund-raising, pyramid selling and fraud. In essence, it is a Ponzi scheme of "repaying the old by borrowing the new", which is difficult to maintain the long-term operation of funds

the public should treat the blockchain rationally, not blindly believe the promises, establish a correct monetary concept and investment concept, and effectively improve the risk awareness. Report to the public security organ in time after being cheated

extended data:

the first is the obvious networking and cross-border of virtual currency. Relying on the Internet and chat tools for transactions, and using online payment tools to balance funds, the risks spread widely and spread quickly. Some lawless elements set up websites by renting overseas servers to carry out activities for domestic residents and control illegal activities remotely

some indivials claim that they have obtained the investment quota of overseas high-quality blockchain projects in the chat tool group and can invest on their behalf, which is most likely fraud. Most of these illegal funds flow overseas, which makes it very difficult to supervise and trace

followed by deception, temptation and concealment. They use hot concepts to hype, fabricate various "tall and tall" theories, and some also use celebrity "big V" platforms to publicize. They use airdrop "candy" as temptation to claim that "currency value only rises but not falls", "investment cycle is short, income is high, and risk is low", which has strong bewitching

in practice, criminals illegally make huge profits by manipulating the price trend of the so-called virtual currency, setting profit and withdrawal threshold. In addition, some criminals also issue tokens under the guise of ICO, IFO, IEO, etc., or hype virtual currency in the way of IMO under the banner of sharing economy, which has strong concealment and confusion

finally, there are many kinds of illegal risks in this kind of behavior. Through public publicity, the illegal elements attract the public to invest funds, lure investors and development personnel to join, and constantly expand the fund pool with the t of currency appreciation and development offline profits, which has the characteristics of illegal fund-raising, pyramid selling, fraud and other illegal acts

2. Lightcoin is legal in China, but if you use lightcoin for illegal activities, it is illegal

bitcoin, lightcoin and other virtual cryptocurrencies are defined by the central bank as a kind of special Internet goods in China. Citizens can buy and sell freely at their own risk, which denies their monetary attribute. Central bank governor Zhou Xiaochuan once said that bitcoin is more like a tradable asset, similar to stamps. Since it's a commodity or asset, it's legal. Citizens' property is sacred and inviolable. Bitcoin house also published the full text of the joint notice on bitcoin risk issued by the central bank and other five ministries and commissions in 2013. You can see it from the emotional point of view

most of the major countries in the world also adopt a cold attitude towards bitcoin, because bitcoin may be used for money laundering, drug trading and other illegal activities.

3. Lightcoin itself is not a fraud, but there are a lot of people under the guise of lightcoin to carry out pyramid schemes. At present, lightcoin is second only to bitcoin in popularity and recognition, and has higher recognition in China. In addition to Wright coin, there are Ruitai coin, vitality coin, dog coin, ether coin and other excellent currencies.

4. To tell you the truth, these so-called diseases and diseases are illegal, but the country may not have built pipelines so far. But whether the market will rise or fall, no one dares to promise you.

5. Like bitcoin, lightcoin is a kind of cryptocurrency, with unlimited fluctuation, high risk and high yield
Leyte coins can be traded 24 hours a day. You can buy them up or down depending on your will. There is also a futures market for Leyte.

6. Like bitcoin, lightcoin is a kind of cryptocurrency, with unlimited fluctuation, high risk and high yield

Leyte coins can be traded 24 hours a day. You can buy up or down depending on your personal wishes. There is also a futures market for Leyte.

7. Bitcoin futures trading started at the end of 2017 can be short. There is no way to short in the traditional bitcoin market. The listing of futures is the killer of such speculative financial extension procts as bitcoin. Because before it was up to make money, now it is down.

8. It's illegal. It's not recognized by the state at present.

9. Don't talk about helping friends. When the police come to the door, they can't get away with it. All digital currencies are illegal in China, and seizing them is to confiscate fines.