Several places are warning! Beware of the new scam of "stablecoin investments"
Recently, some illegal institutions have taken advantage of the hot concept of "stablecoins" to issue or speculate on so-called "virtual currencies," "digital assets," "stablecoin investment projects," promising high returns and inducing the public to invest funds in trading speculation, suspected of carrying out illegal financial activities. In fact, such activities have significant characteristics of illegal fundraising risks, and their operation often relies on the funds of new investors to maintain operation or pay the returns of previous investors. Once the fund chain breaks or the project party runs away, investors will face huge risks of not being able to recover their principal. In response to this, financial regulatory authorities in many places have issued risk warnings, reminding the public to avoid being deceived.
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