Bank of China People's Bank of China Shaoguan Branch and Shaoguan Municipal People's Government Office jointly issued an announcement revealing illegal financial traps related to virtual currencies.

The announcement disclosed four major tricks involved in cryptocurrency scams through multiple real cases:
First, using "exchange U" part-time誘導群众参与洗钱，本质为掩饰、隐瞒犯罪所得；
Second, under the banner of offshore virtual currency "capital preservation high interest"进行非法集资；
Third,借“RWA数字文旅基金”名义利用新技术认知盲区进行投机炒作与集资诈骗；
Fourth,利用虚拟货币作为媒介进行变相外汇买卖，涉嫌非法经营。