CoinVoice has recently learned that Jin10, citing reports from Yicai, the so-called "2% daily interest" Ponzi scheme "Xinkangjia" has collapsed, raising the entire society's awareness and vigilance towards new types of online eyewash. Regulators are intensively "blowing the whistle".



According to incomplete statistics, since July, financial regulatory authorities in multiple regions including Guangdong, Yunnan, Hunan, Liaoning, Heilongjiang, Zhejiang, and Fujian have intensively warned about the risks of illegal fundraising and new types of online fraud under the guise of "virtual currency."
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