"The myth of getting rich quick is enticing, and illegal speculation information floods social platforms."
The information on foreign exchange margin trading, which has been strictly prohibited by regulatory authorities for many years, is quietly appearing on social media platforms. On platforms such as Xiaohongshu and Douyin, journalists searching for keywords such as "foreign exchange trading" and "withdrawal of funds" will find a large number of notes on "getting rich" and tutorials on account opening, all of which are continuously shown to users with the help of algorithms. According to the information spread on social media platforms, downloading overseas foreign exchange trading platform apps, opening accounts, signing contracts, depositing funds, and trading can all be smoothly completed. Analysts point out that behind this, there is also an illegal cross-border "dark path" for funds.
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