### Suqian cracks down on virtual currency pyramid scheme#
Hot Topic Overview
Overview
Suqian Court recently disclosed a network pyramid scheme case that used the guise of investing in virtual currency wealth management projects. The criminal suspect created the "ACORNS" online platform and issued virtual currencies such as "ACO", claiming that they could participate in wealth management to obtain high returns, luring members to pay 100 USDT for wealth management. The platform has attracted over 3,000 members, accumulating nearly 3.16 million USDT in funds, with a hierarchy as high as 33 levels. The court ultimately sentenced the defendants to prison terms ranging from five years and three months to three years for organizing and leading pyramid schemes, and fined them ranging from 170,000 yuan to 100,000 yuan. This case once again warns people to be wary of virtual currency investment projects that use high returns as bait and avoid falling into pyramid schemes.
Ace Hot Topic Analysis
Analysis
The Suqian Court recently disclosed a network pyramid scheme case disguised as a virtual currency investment and wealth management project. The criminal suspect created a network platform named "ACORNS" and issued virtual currencies like "ACO," claiming that participants could earn high returns through wealth management. They required members to pay 100 USDT as a threshold to obtain static income. This platform attracted over 3,000 members and reached 33 layers, accumulating nearly 3.16 million USDT in funds. After trial, the court ruled that this act constitutes the crime of organizing and leading pyramid schemes, sentencing the defendants to prison terms ranging from five years and three months to three years, and imposing fines ranging from 170,000 yuan to 100,000 yuan. This case once again warns the public to be wary of virtual currency investment projects that lure with high returns, avoiding falling into pyramid schemes and protecting their property safety.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Virtual currency financial management projects may become tools for online pyramid schemes
High-yield return propaganda is an important means to attract investors to participate in pyramid schemes
Pyramid scheme organizations use hierarchical systems and static returns to obtain illegal profits
Courts severely crack down on the organization and leadership of pyramid scheme activities