Xinjiang Police Vow to Fight Crypto Fraud, Launch Public Awareness Drive


Source: zeitcoinbank.com zeitcoinbank.com

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May 17, 2021 The police have sought to fight back with a large-scale public awareness campaign in Ürümqi, the region’s capital and largest city, held over the weekend. Officers took to the streets to hand out flyers, brochures, and other promotional materials to citizens. The material, police said, was created in an effort to help residents in the region to learn how to spot pyramids or crypto scams, as well as other online fraud. Illegal multi-level marketing (MLM) schemes have experienced a boom in popularity of late in China – with many taking a distinctly crypto and blockchain flavor this...