The People's Daily of China published an article criticizing the behavior of attracting traffic through false profit information such as "hundredfold coins."
By: www.chaincatcher.com|2026/04/14 05:00:13
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The People's Daily of China published an article titled "Disrupting the Capital Market, These Chaos of Financial Self-Media Accounts Need to Be Vigilant," which specifically names certain accounts that attract traffic for virtual currency trading by posting false profit information such as "hundred times coin" and "making millions a month from trading coins."
The article again cites a previous notice from the central bank and eight other departments, emphasizing that activities related to virtual currencies are considered illegal financial activities. It points out that accounts and platforms providing traffic and technical services for illegal virtual currency trading are suspected of violating laws and regulations, which may threaten financial security and anti-money laundering efforts.
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