WeChat Security Center: Beware of pyramid schemes and scams disguised as blockchain cryptocurrencies or stablecoins.

According to Mars Finance, WeChat Security Center has issued a statement saying that it has recently received user complaints about some WeChat accounts engaging in illegal activities such as pyramid schemes and fraud within WeChat groups. These activities use pretexts such as the "unfreezing of national assets," national policies and projects, and blockchain cryptocurrencies and stablecoins, enticing users to join WeChat groups with promises of high returns. Within these groups, users are encouraged to invite others, post unknown links leading to the download of fraudulent apps, conduct daily check-ins, and attend meetings and courses—all brainwashing activities—ultimately leading to fraud. These actions severely infringe upon users' property rights. Once such activities are discovered and verified, the platform will take tiered action against the relevant accounts based on the severity of the violation, in accordance with relevant national laws and regulations, the "Tencent WeChat Software License and Service Agreement," and the "WeChat Personal Account Usage Guidelines." Repeat offenders may be permanently restricted from logging in, and WeChat groups confirmed to be in violation will have their group functions suspended.