Deep Tide TechFlow News: April 15 — The Shaoguan Branch of the People’s Bank of China, in conjunction with the Shaoguan Municipal People’s Government Office, issued a virtual currency risk warning on the occasion of the “4·15” National Security Education Day, and released four typical cases, namely money laundering involving “high-salary swapping for U part-time jobs,” illegal fundraising involving “principal-guaranteed and high-interest cryptocurrency trading,” pyramid-scheme fraud involving “RWA digital cultural tourism fund,” and four offline “coin dumping” acts disguised as disguised foreign exchange transactions.

The regulator clarified that virtual currency exchange, trading, and RWA tokenization activities are all illegal financial activities. Any projects that claim “high returns, low risk, guaranteed no loss” are mostly scams. The public should give up fantasies of getting rich overnight, stay away from virtual currency-related investments, choose legitimate financial channels, and when abnormalities are discovered, promptly report them to the authorities to reduce losses.