Internet security in Qiannan, Guizhou, joined forces with criminal investigation to uncover a “virtual currency” online pyramid scheme case. The task force went to many places and successfully arrested 15 suspects. After investigation, the MLM organization promoted the slogan “Everything valuable in the world can be tokenized”, built a virtual currency trading platform, and set up various levels. Members participate in pyramid scheme activities by depositing and pledging virtual currency, and profit by receiving direct promotion rewards through offline development. It is an online pyramid scheme organization with at least three levels and thousands of participants. After investigation, the suspects Jia Mofu, Liu, Duan Mouyao and others set up a virtual currency on the Internet, using the purchase of virtual currency as bait to obtain high profits, deliberately speculate on the price of virtual currency, and divide “identity levels” according to the members' purchase amount. As the level continues to rise, revenue increases as the level continues to rise, so as to encourage “old members” to continue to develop “new members”, attract more people to participate in pyramid scheme activities, and achieve gradual rebates at all levels of interest.

Internet security in Qiannan, Guizhou, joined forces with criminal investigation to uncover a “virtual currency” online pyramid scheme case. The task force went to many places and successfully arrested 15 suspects. After investigation, the MLM organization promoted the slogan “Everything valuable in the world can be tokenized”, built a virtual currency trading platform, and set up various levels. Members participate in pyramid scheme activities by depositing and pledging virtual currency, and profit by receiving direct promotion rewards through offline development. It is an online pyramid scheme organization with at least three levels and thousands of participants. After investigation, the suspects Jia Mofu, Liu, Duan Mouyao and others set up a virtual currency on the Internet, using the purchase of virtual currency as bait to obtain high profits, deliberately speculate on the price of virtual currency, and divide “identity levels” according to the members' purchase amount. As the level continues to rise, revenue increases as the level continues to rise, so as to encourage “old members” to continue to develop “new members”, attract more people to participate in pyramid scheme activities, and achieve gradual rebates at all levels of interest.