2017 new pyramid virtual currency
(1) at present, there is no regulation to regulate the trading platform, but the trading platform should also fulfill the audit obligation. For example, when online trading various network virtual currencies, it should audit whether the currency is a network virtual currency based on blockchain technology
(2) if the trading platform knows that the online trading currency is suspected of MLM, but in order to collect Commission, it also provides trading services for the currency and promotes its development, once the currency is identified as MLM, the trading platform may have to bear certain legal liabilities
(3) at the same time, a large number of customers' funds are stored in the accounts of virtual currency trading institutions. However, all online virtual currency trading institutions are not qualified to absorb public funds, which makes trading institutions face the potential risk of illegal fund-raising
the 2017 version of the guide to the identification of internet pyramid selling (hereinafter referred to as the guide) lists several differences between virtual currency and pyramid selling currency:
(1) from the perspective of issuing mode, virtual currency does not rely on specific monetary institutions, it is a decentralized issuing mode according to specific algorithms; The MLM currency is mainly issued by a certain institution, and the profit is made by pulling the head
(2) from the perspective of transaction mode, virtual currency is a kind of sporadic transaction spontaneously formed by the market. After the scale is formed, the transaction is graally completed by a third party establishing an exchange, while MLM currency is issued by an institution and traded on its own platform
(3) from the perspective of implementation, virtual currency itself is an open source program, while 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, which is essentially controlled by the website as Q coin.
from the date of this announcement, all kinds of token issuance and financing activities shall be stopped immediately. Organizations and indivials that have completed the token issuance and financing should make arrangements such as refund, reasonably protect the rights and interests of investors, and properly handle risks. Relevant departments will seriously investigate and deal with the activities of token issuance and financing that refuse to stop and the illegal behaviors in completed token issuance and financing projects< Fifth, the public should be highly alert to the potential risks in the financing and trading of token issuance
there are multiple risks in the financing and trading of token issuance, including the risk of false assets, the risk of business failure, the risk of investment speculation and so on. Investors should bear the investment risk on their own, and hope that the majority of investors will be wary of being cheated
for all kinds of illegal financial activities carried out by using the name of "currency", the public should strengthen the awareness of risk prevention and identification ability, and timely report relevant illegal clues< br />2017-09-04
the purpose of offline development and the t of high return is MLM
for MLM, you can refuse to join.
The 60 kinds of pyramid selling virtual currencies broadcast by CCTV news include MBI, m3, Diablo, Asian currency, star currency, Jinyuan shopping alliance e-currency, Changjiang international virtual currency, qileba, micro TV media e-currency, bonus point currency, virtual gold coin, HGC, COA, LFG, Sri, bismall, ahkcap, CPF, Yifen, K currency, R currency, Baichuan currency, K Bao, Zhongfu Tongbao, Hongtong currency, etc Raines e-money
Global BlackRock No.1, Glasberg, BCI, m, wing, EV, performance, FIS, u, ES, zangbao performance, huiai e-money, jianyipan e-money, subsidy, hftag, Kaixin compound interest, kuailinian virtual currency, Shihua currency, ente currency, CPM, Kara currency and supreme currency
there are at least 65 kinds of "virtual currency" with different names, such as Wuhua union virtual currency, Meisheng e, Zhonghua currency, Mimi virtual currency, FIS, world Yunlian cloud currency, Liwu currency, Vicat currency, mark currency, Shanxin currency, Wuji currency, ATC, IPC, central currency, Wuxing currency, huiai currency and nautical currency
in the 141 cases of virtual currency pyramid selling found on China's judicial documents, the number of such criminal cases is increasing year by year. In 2014, the court ruled 5 cases, and then increased by multiple, to 62 cases in 2017. According to the judgment documents, among the above-mentioned virtual currency pyramid schemes, "Vicat" has the highest amount of money involved, with a total of 7 billion, and its global membership number is 10770000, with the largest number
in terms of the development scale of MLM organizations in China, "cloud coin" (also known as world UnionPay and world cloud Alliance Network MLM platform) has the largest number of MLM organizations (4391449); Second, the "dark money" pyramid marketing organization has developed more than 3.4 million members
source of reference: phoenix.com - virtual money pyramid scheme: 65 kinds of pyramid schemes cheat 10 million people, over 10 billion
First of all, we need to understand what is MLM:
MLM refers to the illegal behavior of organizers and development personnel to obtain wealth by calculating and paying remuneration to the developed personnel based on the number or performance of the personnel directly or indirectly developed, or requiring the developed personnel to pay certain fees to obtain the qualification to join. The essence of MLM is "Ponzi scheme", that is to say, the money of later comers is distributed to the income of former comers
However, the new type of MLM does not restrict personal freedom, does not accept ID cards and mobile phones, and does not take classes collectively. Instead, it uses capital operation as a banner to pull people to cheat money, drives luxury cars, wears gold and silver, and uses money to attract your relatives and friends to join in, and finally makes you lose all your moneythen judge whether the ether coin is a kind of MLM, whether you need membership fee, whether you need to ask your relatives and friends to join
extended materials:
Ethereum is an underlying technology platform on which developers can create distributed applications. With the application, there will be transactions. With a transaction, you need money to complete the transaction. In this way, money has value, and investors' investment has a return. If the transaction volume on the platform is larger and larger, the demand for money will be higher and higher, and the money will be more and more valuable
from the perspective of image, bitcoin creates a kind of digital gold, while Ethereum creates a country, and Ethereum is the credit currency of the country
after bitcoin, there are thousands of digital virtual currencies in the world, many of which are completely deceptive in the guise of "digital currency". Previously, Haikou Municipal Public Security cracked down on a pyramid selling organization called "Eurasian currency", which operated on the internet pyramid selling platform, making more than 40000 investors cheated, involving 4.06 billion yuan. The field of virtual currency has just started, so we need to be cautious
resources : Ethernet money network
the more well-known MLM currencies in the circle, such as Vicat, Baichuan, Morgan and so on. Cloud mining machine, compound interest offer, split offer, mutual aid offer, static income offer and dynamic income offer are also known as typical Ponzi schemes
bitcoin, Leyte coin, doggie coin and the tokens of European crowdfunding platform's crowdfunding projects are the real digital currencies.
the earliest appearance of the former was in 2015. In the two years from 2015 to 2017, the personnel of Vicat MLM organizations, through false propaganda, selling Vicat, holding various propaganda meetings and establishing class system, led to more than 200 countries and more than 3 million people being cheated. Although in 2017, Vicat coins have been cracked, a total of 119 backbone were arrested. However, e to the large number of people involved in Vicat, even if the backbone is captured, some offline people are still using Vicat to continue to commit fraud. In the first half of 2018, many people found signs of recovery of Vicat
top 2: mchain (M-chain or MCC)
mchain, formerly known as M-chain or MCC, appeared in the second half of 2017. Through the Ethereum blockchain, the personnel of MCC pyramid marketing organization generated token MCC for free. Through careful packaging (for example, putting token MCC online to some unknown Shanzhai exchanges, inventing Galaxy online entertainment platform and cloud mining machine), they attracted investors to invest and promised high returns to investors. After investors take the t, MCC MLM organizations will ince investors to develop offline through other means< At present, MCC has not been detected by the police and is still active. However, Yuhang Public Security Bureau and Zhejiang Economic Investigation Bureau have already issued a warning, hoping that you will not easily get on the stolen ship that has lost your property
Top 3 of MLM: radar coin (ADAR)
radar coin appeared in 2014 and was exposed as a pyramid scheme by CCTV and public security in many places. It was once known as the largest online MLM project in China, but up to now, radar coin is still active
radar coin mainly relies on the Internet and community for promotion. As few people knew the concept of mining in the early years, radar coin was introced to store or promote the concept of mining, and it has continued to this day. As early as 2016, radar coin was stripped out, formerly known as VPAL (also pyramid scheme), because the source code of radar coin and VPAL is consistent, and radar coin uses the domain name of VPAL<
Top 4 of MLM coin: LCC (light cone)
LCC is a MLM coin scam that appeared around November 2017. MLM organization staff incited investors to take the initiative to invest and develop offline by manipulating prices and drawing big cakes. In just a few months, it expanded the scope of fraud to more than 10 provinces and cities in China, resulting in 50000-80000 people being cheated, The amount involved reached 4.9 billion yuan. At present, the top management of LCC pyramid marketing organization has been arrested by the police
Top 5 of MLM coin: Xinghan chain (SGC)
Xinghan chain was launched in September 2017. Like all MLM coins, Xinghan chain often holds various conferences at home and abroad to attract members and publicize Xinghan chain. Although the people of Xinghan chain pyramid scheme deliberately designed a complex algorithm in an attempt to cover up the fact of incing investors to go offline, it is just like mmm, the world's largest Ponzi scheme, and static income sold them out
in December last year, Xinghan chain was singled out as MLM. Five days later, it was suspected of MLM by Changsha crackdown office. In April this year, it was reported as MLM by many media platforms< Top 6: electric energy chain (EEC)
there is no official website, no white paper, nor shangshanzhai exchange. The only white paper with a little technical content is completely copied. The transaction is purely by manual transfer. If you transfer 1000 yuan, you will be charged 500, and if you transfer 2000 yuan, you will be charged 1000. At first glance, I thought it was charging QQ card. Buy 1000 coins a year, only 12 coins of income, to profit completely depends on the development of offline. It was exposed in May this year that it is a pyramid scheme< Top 7: popular money (TPC)
popular money appeared around may 2017 and was exposed as MLM by Hong Kong East weekly on February 4 this year. TPC has white papers, official websites, wallets, exchanges, points websites, game applications, and formal business licenses. It has a clear division of labor and strict discipline. No one would have thought that it would be a pyramid selling coin if it did not need to pay a threshold fee of 40000 yuan for one person and get a rebate for joining the army< In late March of this year, Datang launched illegal pyramid selling in the name of blockchain all over the country, and in just 18 days, it expanded its registered members to more than 13000, involving 31 provinces, cities and autonomous regions. Xi'an police set up a special team to destroy the case after receiving the report. According to the statistics after the incident, the amount of money involved in the case exceeded 80 million yuan, and this case has become the first "blockchain" mega network pyramid selling case in China
Top 9: Hero chain (HEC)
hero chain was listed on January 13 this year. Investors hesitated and repeatedly decided to report the case when people on the platform were cheated, the currency price plummeted and the market value evaporated by 90%. On March 14, 2018, the hero chain was put on file for investigation, and the relevant person in charge disappeared immediately after putting on file
Top 10: PMD (pyramid)
PMD was launched in June 2018, which completely imitated MCC's pyramid selling routine. After careful packaging, virtual cloud miner carried out fraud and hierarchical pyramid selling. Because PMD imitates MCC too much, it was discovered by the people of MCC MLM organization and exposed
top 11: WSC
WSC appeared around February this year. There is no white paper. The so-called official website is also composed of some scattered words and pictures. The staff of the pyramid marketing organization of Wenshang chain invented the cloud miner and launched the "welfare" of sending miner after registration to attract members. After the investors took the t, the staff of the pyramid marketing organization of Wenshang chain would pull the investors to the "business school" for centralized brainwashing training and development offline
Top 12: DK appeared at the end of 2015, which completely imitated the operation mode of MMM and learned from the experience of MMM crash, changed the realization time, promised 1% income and cheated investors. If investors think that the return of static income is slow, the people of the tic money pyramid marketing organization will encourage investors to develop offline, and set up a 20 layer pyramid hierarchical system, so that the leeks that have been locked up can trick new leeks into the pit. As the operation mode of tic is constantly changing, and its behavior is relatively low-key, so TIC has not been able to attract the attention of relevant departments and is still active
it's very tiring to move bricks. Please accept if you are satisfied!
in order to protect the right of privacy, the specific name will not be released, such as the case of "Wanfu coin of future city" organized and led pyramid selling activities cracked in Xuzhou, and the official name of its leader is Liu Mou Ben
reporters in some "Wan Fu" promotion website and official account, many of the title of Liu, including the president of the global future city group, former vice governor of California, etc., and many pictures of Liu and foreign dignitaries and celebrities. In order to develop more members, Mr. Liu also held a huge investment promotion conference in Bali, Indonesia, Hong Kong and other places, attracting thousands of people from China
Liu also claimed that "Wanfu coin" was approved by the US Securities Regulatory Commission and the China Banking Regulatory Commission and would soon apply for a direct sales license in China. According to police investigation, "Wanfu coin" as a virtual digital currency has no legal basis to apply for direct marketing license in China, which is purely fictitiousaccording to the relevant person in charge of Xuzhou public security bureau, "Wanfu coin" reflects the new characteristics of the current MLM
1. In the name of virtual currency, virtual currency is a new thing for pyramid selling. At the same time, it is attractive under the banner of e-commerce, personal finance and distance ecation, which is not understood by the general public and easy to be deceived
2. Development members on the Internet are all carried out on the Internet, and members can only join the MLM through the website, and the user names used are pseudonyms or code names, and they all have their own login passwords. They chat with each other mainly through wechat. This has changed the traditional mode of setting up a studio and a newspaper center to organize activities, and increased the concealment of MLM
3. Spread on the Internet
the Internet makes the pyramid selling break through the restrictions of regions and national boundaries. The backbone personnel of pyramid selling often set their headquarters abroad, hide abroad and issue orders. It is difficult to arrest, recover stolen goods and get rid of the roots when funds are transferred abroad
according to the police, there are 100 or 200 kinds of "virtual currency" publicized on the Internet, which is hard to distinguish between true and false. The use of virtual currency for illegal fund-raising, pyramid selling, fraud and other criminal activities are frequent, investors should carefully screen
has the final say:
virtual currency network platform features
1, hype "new concept"
virtual currency network platform has very flexible form, often make only superficial changes, many are just made some concepts, all "game rules" are all platform based, there is a very big black box operation space. p>
2. Advocate "zero risk"
"real zero risk, only make no loss financial project", "China's first FC virtual currency is born, will create countless millionaires again"... The reporter saw that on a flyer page of FC virtual currency, there is such a slogan. A "player" told reporters that other "players" also claimed that in the future, a coin can buy a house
In the case of Yiyang network platform, many participants are over 60 years old, and the oldest is close to 80 years old. They usually spend most of their time at home with their grandchildren. They don't understand the Internet, and they listen to others. The elderly have accumulated a certain amount of wealth, and they don't know much about new things, so it's difficult to identify false propaganda, so it's easy to become the target of these network platformshowever, the attitude of regulators is clear. Whether it is genuine bitcoin, or a variety of derivative Shanzhai coins, there is no way to obtain legal living space at present. This is something we need to be clear about. If the platform goes out of business or the staff runs away, it is very likely that they will lose all their money and the losses they have suffered will not be protected by law
the promises they give you often make the participants pay money quickly. Behind them is the Ponzi scheme of "robbing the east to pay the west" + "cheating the white wolf with empty hands". They use the money of new investors to pay interest and short-term return to old investors, so as to create the illusion of making money and cheat more investment. When no new investors enter, the return of old investors collapses one after another, and it is often difficult to withdraw cash, or the website cannot be opened
in short, although the external form of virtual currency is ever-changing, it is not divorced from its essence of pyramid selling. The more investors put in, the greater the final loss, and the more serious the loss may be.