Xinhua News Agency Focus on "3.15": Beware of speculation in Metaverse investment, criminals forge trading platforms under the banner of "future currency"
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Caijing News reported on March 16 that Xinhua News published an article titled "Focus on '3·15' | Using AI face-swapping, hyping up investment". The article pointed out that some lawbreakers, under the banner of "future currency" and "high returns", forge trading platforms and exaggerate earnings data, making people mistakenly believe that investing in virtual currency is a sure-fire good business. Once they have collected funds, they manipulate the market, causing the "currency" value to plummet, and even shut down the trading platform. Some lawbreakers, under the banner of and blockchain, reheat concepts related to game production and virtual reality, claiming "earning money while playing games", packaging high-tech investment projects, publicly spreading false propaganda about high returns, and absorbing public funds, which have the characteristics of illegal fund-raising.
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