Luoyang City Hall: Beware of the Cryptocurrency Investment Trap

According to Luoyang Daily, the Luoyang City Bureau has warned the public that illegal fundraising using virtual currency has increased in recent years. Virtual currency presents financial and business risks, including the risk of counterfeit assets, the risk of market failure and the risk of speculation on investments. Citizens must know how to cover such investments, not to trade blindly for profit and not fall into the trap of embezzlement.