The Shaoguan branch of the People's Bank of China issues a warning about virtual currency risks, releasing four typical cases.

Mars Finance News: On the occasion of the upcoming National Security Education Day, the Shaoguan Sub-branch of the People’s Bank of China, together with the Shaoguan Municipal People’s Government Office, released a risk warning regarding virtual currencies and announced four typical cases: money laundering via “high-salary for U part-time jobs,” illegal fundraising disguised as “principal-protected high-interest crypto trading,” pyramid scheme fraud involving “RWA digital cultural tourism funds,” and four offline “coin dumping” cases of disguised foreign exchange transactions. Regulatory authorities have made it clear that virtual currency exchange, trading, and RWA tokenization activities are all illegal financial conduct. Any projects that claim “high returns, low risk, with guaranteed profit” are mostly scams. The public should abandon fantasies of getting rich overnight, stay away from investments related to virtual currencies, choose legal financial channels, and report any abnormal activity promptly to reduce losses.