Is private placement of virtual currency illegal

2. Illegal fund-raising is not a real virtual currency. A very significant feature of deceiving "virtual currency" is the unilateral rise of investment income. The total amount of real virtual currency is limited, and the price fluctuates. However, the price of virtual currency under the illegal fund-raising scam tends to rise unilaterally, and the assets of investors' books have been increasing. Once the scam can not continue, These fake virtual currencies are worthless, and investors have nothing to lose. At present, in addition to bitcoin, there are eth Ethereum, usdt TEDA, inmi and other regular currencies.

3. The crime of financial fraud refers to the act of defrauding public or private property or the credit of financial institutions and destroying the order of financial management by making up facts or concealing the truth for the purpose of illegal possession
it is not illegal fund-raising.

4. In general, domestic licensed private equity funds have no contact with virtual currency transactions, and some private private equity funds do very well. However, it depends on the scale of private equity and specific operation methods. It's not that we can't make money, but this kind of money has certain technology, and not all indivials can do it well
the key point is to understand the scale of private placement and related operation methods.

5. The characteristics of fund-raising
1. Fund raising without the approval of relevant departments according to law, including those without approval authority
cross provincial illegal fund-raising
departments with approval authority approve fund-raising beyond their authority, that is, the fund raiser does not have the subject qualification of fund-raising
Second, promise to repay the principal and interest to the investor within a certain period of time. Besides currency, there are also physical and other forms of debt service
Third, to raise funds from non-specific social objects. Here, the "unspecific target" refers to the public, not the specific minority< Fourth, cover up the essence of illegal fund-raising in legal form. In order to cover up their illegal purposes, criminals often sign contracts with investors (victims), disguise as normal proction and operation activities, and maximize their ultimate purpose of obtaining funds by fraud

if the above four conditions are met at the same time, it constitutes illegal fund-raising.

6. Domestic does not admit, fluctuation is very big!

7. Private equity is not illegal. Cailang investment teaches you how to distinguish private fund and illegal fund-raising: 1. According to the way of fund-raising: Generally speaking, illegal fund-raising is for the public, and private fund is for specific indivials. 2. According to the ownership relationship of funds: if it is illegal fund-raising, the ownership of funds will change when handling the entrustment proceres. Therefore, we should pay attention to that if the funds are transferred from the investor's account to the fund-raising party's account and the ownership is transferred, it may be illegal fund-raising.

8. Private funds, as the name suggests, can only be raised privately to specific objects, but not to the public like public funds (which need to have more stringent conditions and approval proceres). Therefore, some methods of public funds are strictly prohibited in private funds. For example, it is not allowed to publicize through newspapers, radio, television, Internet and other public media, and it is not allowed to publicize to non-specific objects through flyers, SMS, wechat, blog and e-mail. In practice, financial lectures, investment seminars and other forms of publicity virtually push the private fund raising behavior to the edge of crime, so fund companies should be cautious. If the relevant institutions take the above channels to publicize and promote to the public, it may violate the boundary of illegally absorbing public deposits
illegal fund-raising is a kind of criminal activity, which refers to the behavior that units or indivials raise funds from the public by issuing stocks, bonds, lotteries, investment fund securities or other creditor's rights certificates without the approval of relevant departments in accordance with legal proceres, and promise to repay the principal and interest or give returns to the investors in currency, in kind or other ways within a certain period of time.