The cause and effect of the forged "Global Coin" defrauding 700,000 people of 160 million yuan

Globalcoin was first launched in 2012. GlobalCoin (GLCn) is a cryptocurrency based on blockchain technology. It was forked from the DF.Money project and aims to achieve fair distribution of tokens through a halving model.

It is one of the oldest and most reliable cryptocurrency networks in existence. GlobalCoin is the first equity proof type cryptocurrency and a virtual currency issued by Global Group.

This means that Global Group does not need huge computing power to protect the security of the network.

The process of forging "Global Coin" to defraud 700,000 people of 160 million yuan

The protagonist this time is Mr. Fang. He initially considered starting a business. At that time, he wanted to engage in P2P business, online shopping mall store rental, and open an online store, but he never took action.

Until one day he saw relevant news about "Global Coin" on the Internet, and a "golden idea" to make money was born and soon landed.

Our clever little Mr. Fang is not an ordinary person

He first made up that Global Coin could be listed for trading, deceiving users to spend money to upgrade their membership to obtain Global Coin.

Then our general manager Fang gave the Global Coin a high-end label, saying that the virtual currency was launched by a Hong Kong group using the latest blockchain technology, and once it is listed, it can be exchanged for RMB at a certain ratio.

According to this logic, the more Global Coins you have, the greater the chance of getting rich in the future. Among them, the "membership model" is the "magic weapon for winning". Only by becoming a higher-level member can you have more Global Coins and mining machines with greater production capacity to produce Global Coins. At the same time, members can develop downlines to earn rebates.

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