Live Updates > Live Update Details
2025-07-30 08:22:23
[Reminders in many places! Beware of the new scam of "stablecoin investment"] Recently, some illegal institutions have taken advantage of the hot concept of "stablecoin" and issued or hyped so-called "virtual currency", "digital assets", "stablecoin investment projects", etc., promising high returns, inducing the public to invest funds to participate in trading speculation, and are suspected of engaging in illegal financial activities. In fact, such activities have significant risk characteristics of illegal fundraising. Their operating model often relies on absorbing funds from new investors to maintain operations or pay the returns of previous investors. Once the capital chain is broken or the project party runs away, investors will face the huge risk of not being able to recover their principal. In response to this, financial regulatory authorities in many places have issued risk warnings to remind the public to avoid being deceived.
