Xinhuanet: Beware of speculation in Metaverse investment, criminals forge trading platforms under the banner of "future currency"
Xinhua News Agency published an article titled "Focus on '3.15' | Using AI to change faces, hype up investments in the metaverse", pointing out that some unscrupulous individuals are using the guise of "future currency" and "high returns" to forge trading platforms, exaggerate profit data, leading people to mistakenly believe that investing in virtual currency is a guaranteed profitable business. Once they have accumulated funds, they manipulate the market, causing the value of the "currency" to plummet, and even shut down trading platforms. Some unscrupulous individuals are using the banners of the metaverse and blockchain to hype up concepts related to game production and virtual reality related to the metaverse, claiming that you can "earn money while playing games", packaging high-tech investment projects, publicly promoting false high returns, attracting public funds, and exhibiting characteristics of illegal fundraising and illegal activities.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Skipped Bitcoin Cash? Qubetics ($TICS) Could Be Your Redemption Ticket – Top Cryptos for Significant Returns
The crypto market has been on fire lately. With the spotlight shifting to new and innovative blockchain projects, everyone’s eyes are on which cryptos will make waves this year.Bitcoin Cash: A Missed Opportunity for Significant ReturnsQubetics: Revolutionizing Digital Finance with Real-World Asset TokenizationConclusion: Time to Act on Qubetics
BTC Short Position by ETH Whale Nears $332M
A crypto whale boosts their BTC short position to $332M, facing losses and potential short squeeze risk.Whale Boosts BTC Short Position Amid Market VolatilityRisk of Liquidation LoomsStrategic Buy Orders Placed

Pakistan Launches Crypto Council Led by Finance Minister
Pakistan forms Crypto Council to boost blockchain and crypto adoption, chaired by Finance Minister Muhammad Aurangzeb.Pakistan Takes a Bold Step Toward Crypto AdoptionFinance Minister to Lead the InitiativeFocus on Innovation and Financial Inclusion

Trump Crypto Project WLFI Buys AVAX, MNT for $4M
Trump-linked crypto project WLFI buys $4M worth of AVAX and MNT, total investment hits $340M with $115M in unrealized losses.WLFI Adds AVAX and MNT to Crypto Portfolio$340M Invested Across 11 TokensHeavy Losses Despite Market Activity

Trending news
MoreCrypto prices
More








