Shanghai Economic Investigation recovers 20 billion yuan in losses this year, increasing crime under the guise of blockchain

According to surging news, since this year, the Shanghai Public Security Economic Investigation Department has cracked down on a number of major cases of illegal fund-raising such as the "Securities Department". In the work, the economic investigation department found that in addition to common P2P online loans, offline financing and other methods of illegal fund-raising, illegal fund-raising crimes under the guise of new concepts such as "blockchain" and "virtual coins" have increased. The gimmicks are constantly being renovated, the criminal methods are mutating and upgrading, and there is a tendency to extend and conduct to the private equity, trust and other fields.