The China Insurance Regulatory Commission issued a risk warning to remind the public to be wary of illegal fundraising under the banner of “virtual currency” and “blockchain”.

On October 17, the Consumer Protection Bureau of the China Banking Insurance Regulatory Commission issued a risk warning on issues such as preventing illegal fund-raising, and said that there are many tricks for illegal fund-raising, and the public should be vigilant. In recent years, illegal fund-raising has also presented the new characteristics of “cross-domain access to the Internet”. Under the banner of “virtual currency”, “blockchain” and “householding for the elderly”, it has carried out illegal fund-raising fraud activities for the elderly and rural residents. .