MBI virtual currency 2016
this kind of MLM operation has the following characteristics:
1. Most of the above currencies are issued in a non constant amount, only speculation, and no commercial application
2. All of them belong to online financial pyramid selling, and the servers are all overseas, so it is difficult to investigate and deal with them
3. Short running cycle. Generally 3-6 months, to return money to the peak directly shut down the network running, change a vest to come back
digital currency crowdfunding platform the tokens of different crowdfunding projects on coin Ying China platform belong to application-oriented digital currency, with the mortgage of real assets, but the income is not high. bitcoin and Leyte are traditional high-risk and high-income currencies.
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at present, virtual currencies with investment value include bitcoin, Laite coin, Fuyuan coin, doggy coin, reborn coin, etc
bitcoin is the ancestor of digital cryptocurrency, with the highest market value, attention and popularity. Moreover, bitcoin related companies have obtained billions of dollars in financing, and also have a certain share in the payment field
lightcoin is the ancestor of Shanzhai coin and an unsuccessful experiment of bitcoin, but its popularity is second only to bitcoin
Fuyuan coin is the main application, and its future application scenario is the business points of jewelry business, which is the best of the three generations of coins, supported by large jewelry groups
dog coin is a kind of counterfeit coin that is well done in marketing, and it has certain competitiveness in the small reward and charity donation market
reborn took the route of cooperation with the government and traditional financial institutions, and obtained more than US $30 million in financing.
To judge whether it is MLM or not, we need to analyze the legal connotation of this behavior from a legal point of view. If the following conditions are met, it belongs to MLM
(1) the organizer or business operator, through the development personnel, requests other personnel developed by the development personnel to join in, and calculates and pays remuneration (including material rewards and other economic benefits, the same below) to the development personnel based on the number of personnel developed directly or indirectly, so as to seek illegal benefits
(2) the organizer or business operator, through the development personnel, requires the personnel to be developed to pay fees or pay fees in disguised form by way of subscribing for commodities, so as to obtain the qualification of joining or developing other personnel to join and seek illegal interests (3) the organizers or business operators, through the development personnel, require the development personnel to develop other personnel to join, form the relationship between the upper and lower line, and calculate and pay the online remuneration based on the sales performance of the lower line, so as to seek illegal interestsin the regulations on the prohibition of pyramid schemes, the concept of hierarchical relationship is repeatedly mentioned. The hierarchical relationship formed by certain laws is only a phenomenon in many pyramid schemes. It must be related to the illegal possession of other people's property before it can be suspected of pyramid schemes
It's illegal
MBI activities belong to MLM, and some public security bureaus of local courts are in the process of investigation
in 2016, Xuzhou court has judged MBI pyramid sellers, and in 2017, Shanghai economic investigation team has seized the stronghold