Top 10 Legendary Figures in the Cryptocurrency Circle - ETH V God (from CoinsRadar.net):
He started programming at the age of 4, wrote games in C++ at the age of 12, and dropped out of school to start a business at the age of 19. This Russian "genius boy" created such a myth. He is the famous founder of Ethereum, Vitalik Buterin, nicknamed V God, and even Russian President Putin is his fan!
In 1994, Buterin was born in Kolomna, Russia. His father Dmitry Buterin is a computer scientist. When he was 4 years old, his father gave him a personal computer and started his programming career. When he was 6 years old, the family moved to Canada. In the third grade of elementary school, Buterin was placed in the gifted children's class. At that time, he was attracted by mathematics, programming and economics. Probably because of immigration, Buterin can speak 4 languages, English, French, German, and Russian. It is said that it only took him a few months to speak Chinese fluently. After graduating from high school, Buterin entered the University of Waterloo to study advanced courses and worked as a research assistant for cryptographer Ian Goldberg, who was involved in the creation of Off-the-Record Messaging (OTR). He seemed to have a bright future, but eight months after entering school, he followed the path of Bill Gates and Zuckerberg and dropped out of school. It was this genius who learned about the existence of a new type of cryptocurrency from his father at the age of 17 - Bitcoin. In his eyes, the development space of cryptocurrency is extremely huge. At the same time, there are many areas that need to be improved in the early Bitcoin. So, he had a plan to create a new cryptocurrency based on Bitcoin! Soon, he got an investment worth $18 million from venture capital. ETH Ethereum was born! The biggest difference between ETH Ethereum and BTC Bitcoin is the addition of smart contracts! Based on a general programming language, it can be used to create a variety of applications, such as social, trading, games...
Ethereum was officially launched in 2015! Vitalik started to promote his ETH all over the world. It is said that he also came to Hangzhou and Shenzhen, China to promote ETH Ethereum. Anyone who came there would be given 5,000 coins as long as they downloaded the software. Suppose you were a lucky person who was there that day and believed the words of this genius and got 5,000 Ethereum. If you didn’t take it seriously at the time and took out these 5,000 ETH today, you can get hundreds of millions of RMB!
Interested +Wei: zw7530

A quick look at the popular currency circles in 3 hours (from CoinsRadar.net):
[Coin price fluctuation]
2. The price of BTC fluctuated by more than 3% in the last hour
3. BTC 1-hour RSI indicator fell below 30
4. BTC 1-hour moving average breaks downwards
5. [Contract] Within 3 hours, the following currencies fluctuate the fastest, and there may be investment opportunities!
#AEVO +8.98% #REN +8.21% #GLM +7.88% ;#RIF -10.12% #PENDLE -6.65% MYRO -6.26%
[Spot] Within 3 hours, the following currencies fluctuate the fastest, there may be investment opportunities!
REI +13.6% AEVO +9.28% REN +8.45%;RIF -10.04% VIB -7.25% PENDLE -6.61%
【Important information】
1. A smart money spent 6,000 SOL to buy 181 million MEW in the past 2 hours
2. The Ethena project party’s multi-signature address transferred 52.5 million ENA to GSR Markets and Wintermute in the past 8 hours.
3. Chainge proposes to approve a $13 million capital injection that will put 50 million XCHNG tokens in circulation
4. Suspected Binance Labs address deposited 9.33 million GMT to Binance
5. Jupiter’s first core working group budget proposal vote was passed with 75% approval rate
6. The UNI team/investor/advisor address transferred 1.6 million UNI to Coinbase Prime
7. CEX’s total spot trading volume in March was US$2.48 trillion, and Binance’s market share was 45.56%
8. In the past hour, the entire network liquidated 144 million U.S. dollars, with the main liquidation of long orders.
9. Inscribe announces strategic cooperation agreement with technology giant IBM
10. Coinbase: Unifi Protocol DAO (UNFI) trading has been stopped
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Revealing the dark and gray areas of the Internet: seven scams you don’t know about (from CoinsRadar.net):
There are not only white areas on the Internet, but also many dark and gray areas. Today I will reveal to you the tempting scams in the dark and gray areas of the Internet. They appear in various attractive appearances and hide in the dark to make a lot of money. .
1. The two-sided game of virtual currency
Imagine being able to make the difference by flipping some virtual currency at the touch of a finger. Doesn't this sound appealing? But please be careful that these so-called "low-price" virtual currencies are likely to be carefully spun by scammers. They take advantage of your greed and make you an unknowing tool for them to launder money. And those real legal recycling channels are often not easily open to individuals.
2. The trap of black U
Black U, which sounds mysterious, may actually be the enemy of your property security. These unidentified USDT may have been stolen or may have been a trap set by scammers. They will tempt you with a higher-than-market price, asking you to transfer your USDT first, and then they will reward you with fake U. This scam is not only ridiculous but dangerous.
3. The illusion of exchange rate manipulation
Exchange rate trading sounds like a game for financial masters, but it is actually full of risks. Scammers claim that you can earn the exchange rate difference by transferring USDT between different countries. But keep in mind that not only is this operation extremely risky, but it often comes with legal risks. True exchange rate arbitrage requires deep financial knowledge and strict risk control.
4. The shadow of the needle camera
Needle cameras, a device that sounds chilling, are used by some criminals to take secret photos and monitor things. They sell these devices at high prices or trick you into buying them under the guise of hotel installation projects. But most of the time these are scams. And even if these devices do exist, using them is illegal and will cause you endless trouble.
5. False promises of base station delivery
Base station delivery claims that you can earn thousands per hour. This kind of promise sounds too good, but it is often just a way to deceive you into purchasing equipment. Real base station projects will not easily fall into the hands of ordinary people.These scams often promise high returns, making you invest a lot of money in anticipation, only to find out you get nothing.
6. Mystery scam
There are also people who sell so-called narcotics, etc., which are targeted at people with bad intentions. But keep in mind that most of these so-called “products” are scams. And even if these products do exist, using them is illegal and can have serious legal consequences for you.
7. False propaganda about making money from games
Finally, those money-making games that claim to have no risk or very low risk are often bait to attract novices. In fact, these games are often full of uncertainty and risk. They can cause you to invest a lot of time and money, only to find that the return is minimal.
The world of the Internet is full of opportunities, but also full of traps. While pursuing wealth, we must remain vigilant and not easily believe in those seemingly good promises. In this online world full of temptations, we need to use a rational eye to distinguish authenticity from falsehoods, and use a firm will to resist temptation. Only in this way can we find our own treasures in this virtual ocean.

A quick look at the popular currency circles in 3 hours (from CoinsRadar.net):
[Coin price fluctuation]
1. [Contract] Within 3 hours, the following currencies fluctuate the fastest, and there may be investment opportunities!
#WLD​​​ +5.01% #ckb +4.35% #strk +4.33% ;#POWR -3.06% #Manta. -2.31% LTC -2.05%
[Spot] Within 3 hours, the following currencies fluctuate the fastest, there may be investment opportunities!
QKC +22.98% CLV +15.32% AMP +7.66%; DREP -21.67% SYS -5.4% CVC -3.83%
【Important information】
1. Frax Finance launches a community proposal to allocate 75% of protocol fees to veFXS holders
2. Coinbase Report: Although Bitcoin hits new all-time highs, it may face short-term resistance
3. Bernstein: Bitcoin expected to reach $150,000 this year
4. Web3 MMO game platform MetaCene completed US$10 million in Series A financing, led by Folius Ventures and others
5. U.S. FDIC officials urge better digital asset policies
6. The mysterious address Mr.100 once again increased its holdings to over 300 BTC yesterday.
7. ORDI breaks above $80
8. OpenAI’s first official response: Musk’s prosecution is “puzzling” and may be an opportunity to steal technology
9. InfiblueChat officially launches Monie Farm Rewards Program
10. Fidelity’s FBTC saw $216 million inflow on March 11
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A quick look at the popular currency circles in 3 hours (from CoinsRadar.net):
[Coin price fluctuation]
1. [Contract] Within 3 hours, the following currencies fluctuate the fastest, and there may be investment opportunities!
#near +15.43% #bnx +11.24% #theta +10.37% ;#edu -5.78% #PHB -4.79% API3 -4.02%
[Spot] Within 3 hours, the following currencies fluctuate the fastest, there may be investment opportunities!
NEAR +15.36% BNX +11.57% THETA +10.54%;DREP -8.24% EDU -5.68% PHB -4.92%
3. [Contract] Within 12 hours, the following currencies fluctuate the fastest, and there may be investment opportunities!
BNX +31.0% EDU +19.79% 1000FLOKI +19.64%;ETHW -9.31% BLZ -8.34% DAR -7.04%
[Spot] Within 12 hours, the following currencies fluctuate the fastest, and there may be investment opportunities!
BNX +31.41% DREP +25.48% EDU +19.79%;FUN -10.22% BLZ -8.18% DAR -6.98%
【Important information】
1. WEMIX plans to transfer 1.5 million WEMIX today to pre-deposit the pledge amount of the new NCP
2. B2C2 transferred 400 billion SHIB to Robinhood, equivalent to approximately US$13 million
3. Bitrue attacker sold 4,207 ETH for $3,885 8 hours ago
4. THETA breaks through $3.5
5. The Korean National Tax Service will establish a comprehensive virtual asset management system
6. A certain whale sold 939 MKR at an average price of US$2,728, making a profit of US$1.2 million.
7. Jeff Ren, Partner of OKX Ventures: OKX Web3 wallet is powerful, simple, secure, and self-hosted
8. A certain whale withdrew 50,000 LINK from Binance 16 minutes ago
9. The total transaction volume of NFT lending platform Blend has reached US$5.295 billion
10. Inscribe aggregation platform Inscribe reaches a strategic cooperation agreement with Oracle
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Regarding what is a black U, what should retail investors and novices do when they receive a black U? (via CoinsRadar.net):
Recently, a novice came to consult me ​​and asked me what I should do if I received a black card if I applied for a MasterCard card.
Before answering this question, I need to tell Xiaobai what a black U is.
Generally, U is from illegal sources such as stolen wallets, hackers, fund disks, etc. in Europe and the United States. Because it is protected by laws and regulations there, it is regarded as a virtual asset. If a black U is marked, it can be recharged into the exchange. will be locked or frozen.
There are also domestic project parties and public security agencies who mark the U in the wallet based on blockchain technology traceability. This kind of behavior is generally illegal and criminal and has been investigated, so wallet owners cannot act rashly.
As long as they transfer or liquidate, something will happen.
There are also general BCs and small Us on color websites, but these have nothing to do with retail novices.
Black money is like black money. As long as you can clearly explain your source, there will generally be no problem, so novices don’t need to worry about what to do if they receive black money. How can your few scraps of silver and tens of billions of U be connected with you? But if you don’t use a gas card to cash out, you will definitely receive black money. There is no way to avoid this.
Note that dirty money cannot be collected. Not only some money is black money, but some money is also black money. If you receive black money during the withdrawal process, your bank account will be frozen. Similarly, if you receive these black money, you will trade The account will be judicially frozen by the public security organs. So do you know which businesses are black? The main sources of black money are, first, the money defrauded by electronic fraud criminals is black money. In order to launder their money, they will go to the exchange to trade with you and exchange the black money for the clean money in your hand. These money will become black money. , and then flip the collected black utensils several times to achieve the purpose of money laundering by electronic fraud criminals. Once the exchange accounts that have traded with electronic fraudsters during this period are determined by the public security organs to be involved in the case, the exchange accounts will be judicially frozen by the public security organs. Second, the current general trend is that in order to avoid detection, online gambling platforms have changed gamblers' chips from recharging RMB to recharging U. If you want to gamble online, you must first recharge U. In the end, online gambling platforms and gamblers will do this. Once the gambling platform incident occurs, the inflow and outflow of U on the online gambling platform will be deemed as black U.The public security organs followed the online gambling platform. Once the wallet address is tracked and it is found that your exchange account has received black money transferred from an online gambling platform, the public security agency will determine that your exchange account is the account involved in the case and freeze the money in your account. Therefore, when trading virtual currencies, you not only need to avoid receiving black money, but you also have to guard against black money.

In the currency circle, the bull market is really coming, and leeks still can’t make money (from CoinsRadar.net):
This morning is another day of rising prices. Bitcoin and Ethereum hit recent highs. The trend is too strong. Are you guys on board? ? Are the leeks chasing the high? ? Can the leeks be patient? ?
Bitcoin and Ethereum both set new highs in 2024. Bitcoin pulled to 64,266 US dollars, and Ethereum pulled to 3,530 US dollars. They once again fell into a sharply volatile trend. The contract market of Bitcoin and Ethereum experienced a large-scale liquidation of this trend. We know that there is no Bitcoin spot ETF in 2021. The Bitcoin spot ETF will be born in 2024, and it will be exclusively American. The elites on Wall Street will not be idle. The countdown to Bitcoin halving is 56 days, and Ethereum Cancun is upgraded. The countdown is 9 days, and there is also the expectation that the Ethereum spot ETF will be approved. Various favorable factors will give birth to a bull market in the crypto market that will proceed with ups and downs. The first thing that shows is the rhythm of sector rotation. If you have a position, you will not be short.
Someone in the group sent a message early in the morning: "Good morning brothers, it's another day of rising prices. This is just the beginning. In the later stages of the bull market, you will doubt your life, and later you will find that you can't spend the money you earn that day. After all, the speed of spending money can’t keep up with the speed of making money, haha.”
The bull market has continued until now, and meme coins suddenly rose up, rising by more than half. Looking back, I discovered that PEPE was the total leader of meme coins. There are still opportunities after a correction at this position. Generally, the total leader starts from 10 times. , it’s only 5 times now, but don’t chase it where you are.
There are still many people who have not made money in this bull market, and even doubt the bull market. In the final analysis, they are still not engaged in Bitcoin and Bitcoin-related sectors. They are holding various bottom copycats without a main rise. They are shaking here and there, and the price seems to be rising. , but it is difficult to hold on to it, and it is easy to lose money in the end.
Shib, meme, floki and other meme varieties are explosive. PEPE leads the team, BCH and SHIB follow up, and it’s great to have a big position. Bitcoin pulls a flagpole, pauses for a while, and continues to rise, in full swing, money never sleeps.
Old currencies have also begun to rise driven by the enthusiasm for meme coins, and doge, dot, fil, bch and even eos have all begun to rise. Whether meme coins can continue to grow, if you look at the time axis, there is still a lot of room for growth. It depends on how long the overall bull market leaves room for everyone to grow.fil Maybe you think the previous plate was too heavy, but. After all, fil still has a consensus, and it can still bring you a little surprise.
The currency circle adopts the correct posture of small and broad. The currency circle rises and falls at the same time. The rise in the bull market does not need value support, it only needs a reason for the rise. Don't talk about faith with the copycats. Cut off the meat when it's time to cut it off. Time is Bitcoin’s friend, but it’s altcoin’s enemy. The value of Shanzhai is based on continuous innovation. Once innovation stagnates, the value will collapse. The value of Bitcoin is based on its immutability. If you are trapped by Bitcoin, there will be a day when you are unstuck, but this is not necessarily the case for Shanzhai. The only ones suitable for trading on the left are Bitcoin and Ethereum. The biggest risk for copycats is to return to zero.
At the beginning of a bull market, it is only healthy for Bitcoin to stand out. Therefore, first build a position in Bitcoin and Ethereum. If it rises, you will not be short, and if it falls, you will not be afraid of being trapped. A copycat has no defensive capabilities. The position of Bitcoin and Ethereum cannot be less than half. When playing copycats, you need to take the initiative to take advantage of the situation and take the initiative to sell the goods. If you fall down in one place, get up in another place. If you lose money here, you can make it back in another place. The biggest cost after being quilted is the opportunity cost. The core of copycat selling is to be able to sell.
Only eat three-thirds full, the fish heads and tails are not that delicious, leave it to the dealer, and you have to wait for the faucet to come out before eating the more certain fish maws. When playing copycats, you must have a light position. A heavy position will ruin your mentality, and your mentality will ruin your operations. Excessive operations will lead to loss of money. When speculating in currencies in the short term, remember to speculate on the old rather than the new! A long-term ambush, remember, buy new, not old!
The bull market is really here, but leeks still can't make money. No matter what kind of coins I buy, the first thing I do is find a group! The people in the group were so mixed that they could talk about anything. After listening to the teacher's analysis, Liao Cai ran away after five minutes. The teacher who led the order was also blindly analyzing, but it is not illegal to talk nonsense anyway.
What leeks have to do is, no matter what coins they buy, don't listen to others, and think calmly, especially if you have a heavy position. Simply buy value coins and leave them alone, ignoring the rise and fall. Even the three melons and two jujubes in the WeChat group are not enough to attract the money. There is no community currency pool for dogs to play in, and there is no need to join the order group!
After lurking a coin, think about it carefully and ask yourself a few questions. Is the general environment supporting the price to go up? Is the price of BlackRock's spot ETF going up? Is the price of Bitcoin also going up? , is there any value in the hidden currency, and how much decline can it withstand after buying it?This is enough. Whether it is a bull market or a deep bear market, if you want to make big money in the currency circle, mentality, goals, beliefs, and time are all indispensable.
Bitcoin's historical peak of US$69,000 will definitely break through. The US stock market Nasdaq has given the general direction in advance. After the breakthrough, no matter how much it rises, whether it is US$100,000 or US$160,000, it will be a late-stage increase in the bull market.
The bull market cycle has gone through two waves. The initial wave of the bull market: 16,000 to 20,000 US dollars. A wave in the middle of the bull market: US$25,000 to nearly US$69,000. A wave in the late bull market: $69,000 to the highest price. But just remember that the price from $69,000 to the highest price is in the late stage of the bull market. Before you know it, Bitcoin is close to its historical peak, and the bull market is halfway through.
Everyone should not think that all currencies will rise after seeing a bull market. Most investors still cannot make money after a bull market, and more leeks will lose money. Because the bull market generally rises, but it will also be accompanied by a sharp retracement. Some people cannot hold orders and change positions frequently. Causes anxiety and depression. In the end it ended in failure. The most important thing in the bull market is to hold on to valuable chips and don't care about small fluctuations. Slow is fast, and less fussing is important. Spend your time and energy on work and life, and slowly become rich. I hope everyone will gain a lot from this bull market.

A quick look at the popular currency circles in 3 hours (from CoinsRadar.net):
[Coin price fluctuation]
1. BTC 1-hour moving average breaks downward
2. [Contract] Within 3 hours, the following currencies fluctuate the fastest, and there may be investment opportunities!
#1000FLOKI +13.41% #myro +9.76% #IOTX +6.82% ;#WIF -4.43% #CYBER -3.85% ZRX -3.13%
[Spot] Within 3 hours, the following currencies fluctuate the fastest, there may be investment opportunities!
AST +17.73% VIB +14.39% FLOKI +14.06% ;WIF -4.28% CYBER -3.87% ZRX -3.19%
3. BTC trading volume breaks through the 30-day average
【Important information】
1. Grayscale’s Bitcoin holdings dropped to 395,700
2. GBTC outflow of US$303 million on March 8
3. Jito Labs: Memory pool provided through Jito block engine will be suspended
4. 21Shares: ARKB’s new net assets today are approximately US$1.73 million, and its AUM exceeds US$2.6 billion.
5. Data: Ethereum mainnet fee income this week was approximately US$200 million, the highest level in the past two years.
6. MEME currency market value exceeds 60 billion US dollars
7. OpenAI’s Altman rejoins company board
8. Fidelity Investments lays off approximately 700 employees this week
9. Cumberland Labs Analyst: Bitcoin is consolidating at current levels while Ethereum is relatively outperforming in the short term
10. Maker DAO voted to approve multiple proposals including increasing the stable fee rate
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Big coffee opinion: long #sei [from: CoinsRadar.Net]
Based on current market conditions, a buy signal for the SEI cryptocurrency has been triggered. #内容挖矿 #TradeNTell
As long as Bitcoin remains stable and does not drop significantly, the SEI will continue to rise and reach new all-time highs.
The price rebound has begun from the 200-day moving average.
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Sentenced to 9 years and fined NT$500,000! Be wary of this new pyramid scheme (via CoinsRadar.net):
in recent years
MLM appears in more subtle ways
indistinguishable
Hard to guard against
Period 2016 to 2019
An international group has launched
International platform electronic stocks "blessing unit"
VV Farm Platform Electronic Stock “Rice”
and virtual currency “SBC Coin”
Promote that the electronic stocks on the platform will only rise but not fall
Investment will surely yield high returns
Absorb investment from members under the guise of managing money and making money
Participants must be recommended by members of the platform
and purchase a certain amount of "financial management products"
as entry fee
to become a member
After a new member is recommended to join the membership
Old members can enjoy commissions ranging from 6% to 15%
The more downlines there are, the greater the investment amount.
The corresponding commissions for membership levels are also rising.
2016
Wang was recommended by someone to become a member of the MLM platform
And directly or indirectly developed 182 people offline in Yangjiang area
Formation level 10
Collected more than 94.45 million yuan in funds from participants in pyramid schemes
Jiangcheng District Court held after hearing that
Wang ignored national laws
Taking high profits as bait
Lure participants into purchasing financial products
To achieve the purpose of defrauding property
Several levels of up- and down-line interpersonal networks are formed within the organization
Number of people developed directly or indirectly by participants
As a basis for remuneration or rebate
disrupt social and economic order
The circumstances are serious
Therefore, he was charged with the crime of organizing and leading pyramid schemes according to law.
Wang was sentenced to nine years in prison
and a fine of RMB 500,000
Wang was dissatisfied and appealed
Yangjiang Intermediate People's Court ruled to reject the appeal and uphold the original verdict
The judge says
As Internet finance becomes increasingly active, pyramid schemes also appear in disguise under the guise of Internet finance. In order to attract more people, criminals fabricate various investment projects, either with high interest rates, investment in shares, high-paying positions, or Get commissions by developing downlines, etc. Criminals mainly conduct MLM through methods such as "pulling people's heads", defrauding "entry fees" and "team remuneration". The so-called products they operate are only symbolic "props". The judge hereby reminded that some current online MLM schemes are highly instigative, and the MLM scams are also more covert, develop offline more quickly, have more people defrauded, and have more diverse methods. ".Remember that there is no "pie in the sky". Those who ask you to pay money and then make money, or "draw people's heads" to develop offline, do not participate. It is necessary to establish a preventive awareness of getting rich through hard work, illegal pyramid schemes, and rejecting pyramid schemes, and jointly resist and prevent pyramid schemes.

Big coffee opinion: long #1INCH [from: CoinsRadar.Net]
1INCH shows a rebound trend! #内容挖矿 #TradeNTell
A break above 0.59 and the next target is around 0.89.
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Make big money investing in “virtual coins”? Someone was defrauded of 7 million! (via CoinsRadar.net):
By investing in blockchain virtual currency, you can make a lot of money every day by clicking on the app on your mobile phone. Is such a high-end platform true or false?
At the beginning of 2023, the verdict was pronounced on the case of Yuan, Chen and other six people involved in fraud and assisting information network criminal activities, which was prosecuted by the Chongchuan District Procuratorate of Nantong City. The defendant Yuan was sentenced to seven years in prison for committing fraud and was also fined. 50,000 yuan; Chen and five others were sentenced to two years and six months to two years and three months in prison for committing the crime of assisting information network criminal activities, and were each fined 10,000 yuan.
Transfer records of some victims
In July 2021, Nantong citizen Zhou met the netizen "Old Shen" on a short video platform. "Old Shen" claimed to be a stock teacher. One day, Zhou was pulled into a WeChat group by "Old Shen", and he listened to "Old Shen" in the group every day talking about stock knowledge and how to make money by speculating in virtual currencies. Later, "Old Shen" asked Zhou to install a virtual currency trading platform App and posted several screenshots of profits from speculating on virtual currencies in the group. Zhou was very moved. According to the arrangement of "Old Shen", Zhou added a gold medal specialist in the group, transferred 30,000 yuan to the bank account provided by the gold medal specialist, bought 1,000 virtual currencies on the platform, and successfully withdrew the money. Zhou was completely relieved now, thinking that this platform was very formal and could make money. In August of the same year, "Old Shen" said in the group that another virtual currency would be launched soon, with three times the profit, and you can now subscribe at a low price. Zhou took action immediately, spent a huge amount of money to buy the virtual currency, and waited for the "listing to lock up funds" before selling after a week. On the day when the capital lock was lifted, when Zhou was preparing to sell the virtual currency, he found that the app could not be opened. Zhou broke into a cold sweat and realized it was a scam, so he immediately called the police. At this time, Zhou had invested more than 7 million yuan on this trading platform.
In September 2021, Yuan and others were successively arrested by the public security organs. In October, the public security organs transferred the case to the Chongchuan District Procuratorate of Nantong City for review and prosecution. Is the App used by Zhou to purchase virtual currency a real virtual currency trading platform? During the review and prosecution stage, the Chongchuan District Procuratorate relied on the Electronic Data Laboratory of the Nantong Financial Cybercrime Research Base to carry out its own supplementary investigation to recover, extract and fix the electronic data in Yuan’s mobile phone, and to conduct a comparison between Yuan and his superiors in the mobile phone. WeChat chat records of users are analyzed and judged.Prosecutors combed through electronic evidence and found that since December 2020, Yuan had begun to discuss the fraud model with the previous company. From July to August 2021, he produced a fraudulent app for the previous company, cooperated with the previous company to shut down the server and Delete server data. According to Yuan's request, Chen and others changed the icon, modified the text, modified the background server data and server port link, hidden or deleted the verification code function, and added manual customer service link entrance and control panel based on the source code provided by Yuan. robot. "The virtual currency K-line chart displayed on the platform is false data produced by the disk control robot and can be modified at will through the backend." The prosecutor handling the case found that this App did not have a virtual currency trading function at all, and the platform did not have a capital inflow entrance. The victim recharged the platform. Investing in virtual currency is actually transferring money to the scammer’s account. The procuratorial organ believes that Yuan, despite knowing that others were using fake websites to carry out fraudulent activities, still provided technical support and other help in order to make illegal profits, resulting in many victims across the country being defrauded of more than 16.42 million yuan, a particularly huge amount, and his behavior constituted fraud. crime. Chen and other five people knew that others were using information networks to commit crimes, but still provided them with technical support. The circumstances were serious and constituted the crime of assisting information network criminal activities. In February 2022, the procuratorate initiated a public prosecution of the case in court. The prosecutor reminded Yuan in this case that he has computer skills, but if this skill is used in the wrong place, it will hinder the order of the online world. In addition to reminding everyone to resist the temptation of high profits when investing, prosecutors also reminded the majority of computer majors and other technical personnel to pay special attention when choosing jobs to see whether the work content and communication methods they are engaged in are concealed, evasive supervision, or illegal, so as to avoid being exposed. Criminals take advantage of it and commit crimes.

A quick look at the popular currency circles in 3 hours (from CoinsRadar.net):
[Coin price fluctuation]
1. BTC 1-hour moving average breaks downwards
2. [Contract] Within 3 hours, the following currencies fluctuate the fastest, and there may be investment opportunities!
#RSR +10.09% #GAL +9.06% #near +7.88% ;#WIF -5.8% #RNDR -4.02% GLM -3.66%
[Spot] Within 3 hours, the following currencies fluctuate the fastest, there may be investment opportunities!
FIS +17.56% CHESS +10.91% RSR +9.98%;WIF -5.68% FTT -3.99% RNDR -3.78%
【Important information】
1. BitMEX Research: ETF approval may not be as important for Ethereum compared to Bitcoin
2. Bitwise CEO: BITB’s trading volume today was US$124 million, with capital inflows of approximately US$29 million.
3. 21Shares: ARKB’s new net assets today exceeded US$41.3 million, and its AUM was nearly US$2.5 billion.
4. Galaxy Digital founder: Bitcoin will reach $100,000 this year
5. BTC falls below $66,000
6. Crypto PAC-backed candidates have significant advantages in U.S. election primaries
7. Grayscale submitted a comment letter to the SEC calling for approval of options products based on spot Bitcoin ETFs
8. BlockFi reaches a tentative agreement with FTX and may recover nearly US$900 million in claims
9. The U.S. CFTC Advisory Committee voted to advance the digital asset taxonomy
10. Core Scientific signs multi-year contract with CoreWeave, with potential revenue exceeding $100 million
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A big V in the currency circle brings commissions for orders, is this business legal? (via CoinsRadar.net):
Due to the traffic advantages of big Vs and KOLs in the currency circle, many virtual currency exchanges will choose to cooperate with such groups. Big Vs and KOLs in the currency circle will serve as order leaders and lead novice users to follow orders. Order leaders can receive commissions from the platform.
As we all know, virtual currency-related businesses are classified as illegal financial activities in our country. So, will the above-mentioned business cooperation model have relevant legal risks for the order operators?
Illegal business crime
Contract trading on virtual currency exchanges is similar to traditional futures contracts. Traditional futures trading requires a relevant futures license. Therefore, operating futures business without permission from the regulatory authorities constitutes an illegal business crime. If the order agent leads the user to conduct contract order transactions, does the exchange's behavior constitute an illegal operation, and is there any relevant legal risk for the order agent?
Lawyer Shao believes that the contract trading business model of the virtual currency exchange does not constitute an illegal business crime. According to Article 225 of the Criminal Law, "Anyone who illegally operates securities, futures, or insurance businesses without the approval of the relevant state competent authorities, or illegally engages in fund payment and settlement business" constitutes the crime of illegal business operations. Although contract trading is similar to futures in principle, it is not a traditional futures business. "Illegal business" corresponds to the concept of "legal business". In other words, you must have a legal business, so correspondingly, there will be no futures business. Those who obtain relevant licenses are classified as illegal businesses. Since virtual currency-related businesses have been characterized as illegal financial activities, it is impossible for relevant specific businesses to have relevant licensing qualifications. Although the crime of illegal business operations has a catch-all clause of "other illegal business activities that seriously disrupt market order" (hence it is called "pocket crime"), more detailed provisions in laws, regulations, judicial interpretations, etc. are also needed. Otherwise, the law cannot It is expressly stipulated that it is not a crime.
However, even if the contract ordering and other business of a virtual currency exchange does not constitute an illegal business crime, if the following circumstances exist, the ordering officer may be at legal risk of being suspected of the following types of crimes.
Crime of organizing and leading pyramid schemes
Users register an exchange account through the invitation code shared by the KOL. In the future, the user's transaction fees on the exchange can be rebate to the KOL in a corresponding proportion. This proportion may reach 40% or even higher.
If the order leader requires users to pay a certain membership fee to obtain the qualification to follow orders, and the payment is based on headcount, and the development personnel reaches the "30 development personnel and level three or above" in the crime of organizing and leading pyramid selling activities, he will be involved in criminal offences. The risk is higher.
For example (2018) Sichuan 06 Criminal Case No. 56, the business content of Wu and others was to use Litecoin as a payment tool to handle the "mining machine rental" business from a website. In order to increase the scale of funds, Wu gradually developed a hundred Yuren’s 11-level membership model uses the collected membership fees to make larger investments. Businesses involving virtual currencies and mining machines are prohibited in our country, but the court ultimately found that Wu and others were guilty of organizing and leading pyramid schemes because their behavior was consistent with the characteristics of recruiting people, paying membership fees, and grading. In the same way, regardless of whether the virtual currency copy trading model itself violates the prohibitive provisions of the law, KOL must guard against pyramid schemes risks at the level of attracting new users.
Crime of opening a casino
Is the contract business in a virtual currency exchange suspected of opening a casino? Lawyer Shao’s previous article “Does operating a virtual currency exchange constitute the crime of opening a casino? 》 has also been analyzed.
There were previous news reports (1) that the “bitwell” virtual currency trading platform was suspected of fraud, and the company’s personnel involved in the case were arrested. Afterwards, the procuratorate changed the charges in this case and transferred the case to the court for the crime of opening a casino. The key reason for changing the crime to the crime of opening a casino is the perpetual contract business in the exchange.
If the judicial authorities determine that the contract business of a virtual currency exchange is equivalent to gambling, and the platform is suspected of opening a casino, then the new recruit rebate model mentioned in the second point of this article will be similar to the exchange (online gambling platform) ) has opened an agency account to help KOLs (agents) develop members. The commission earned by the superior agent is determined based on the amount of bets, wins and losses of the user (gambler).
fraud
From the perspective of users, especially rights defenders, exchanges and order managers are all "colluding" together to cut off users' leeks. However, the order leader is not an employee of the exchange, and the two parties only have a cooperative relationship. If there are black-box operations within the exchange, manipulating the backend, causing users to lose money, or even run away with the "coins", the platform will be suspected of fraud. Whether the traders also have criminal risks should be determined based on the profit situation, the degree of subjective knowledge, etc. Comprehensive judgment.
write at the end
In February 2023, the People's Procuratorate of Fengxian District, Shanghai, released a case in which two futures intermediaries were sentenced for "calling orders" and "bringing orders" online. This case was the first case in the country of a futures intermediary illegally operating futures trading consulting business. Although it is mentioned in this article that the business related to virtual currency exchanges may be difficult to identify as illegal business crimes, it can still be seen from this case that not only institutions have legal risks, but also transaction consulting services such as placing orders are also subject to legal risks in judicial practice. There is a possibility of being regulated by criminal law.

“Coin Master” man was sentenced to 11 years and 6 months in prison for defrauding 4.7 million yuan (from CoinsRadar.net):
I accidentally met the so-called "coin circle master" and thought that a great market was coming. Unexpectedly, after joining the heavy position, my position was liquidated overnight. What investors didn't expect was that the ultimate goal of the investment platform behind it was to defraud customers of all their invested capital. Recently, after the Chongming District People's Procuratorate filed a public prosecution, the Chongming District People's Court heard such a case. The court finally convicted Deng of fraud and sentenced him to 11 years and six months in prison.
“The Great God of the Currency Circle” Encourages to Increase Positions
In exchange for one after another liquidation of positions

In February 2019, Mr. Wang saw an article about virtual currency in Moments. After reading it, he felt that the analysis of the article was very reasonable, so he added the WeChat account of the author "Coin Detective" based on the information provided in the article.

After that, Mr. Wang often exchanged knowledge about virtual currency investment with him, and he came up with the idea of ​​following the "Coin Detective" to invest in virtual currency. So under the recommendation of "Coin Detective", Mr. Wang downloaded and registered a virtual currency investment platform called "Tobi Global".
Under the guidance of "Coin Detective", Mr. Wang first purchased a virtual currency called USDT on "Tuobi Global", and then used USDT to buy and sell other virtual currencies to make investments. "Coin Detective" will inform Mr. Wang of the trend in advance and tell him at what point to buy or sell.
At the beginning, Mr. Wang operated based on the buying and selling advice provided by the "Coin Detective", and overall it was profitable. This made Mr. Wang more convinced that he had followed the right "teacher". At the same time, Mr. Wang's friends saw him making money. After getting money, they also opened accounts and invested on the "Tuobi Global" platform. "Coin Detective" also established a special WeChat group for Mr. Wang and his friends to issue operational suggestions. With Mr. Wang's profitable case, everyone has no doubts about the operation suggestions provided by "Coin Detective".
Until one day, "Coin Detective" encouraged in the group: "One of the rare good market trends in history is coming. Bitcoin is going to plummet. This is a once-in-a-lifetime event. You should join in with heavy positions." So Mr. Wang and his friends kept adding positions. But not long after Bitcoin began to rise, the "Coin Detective" said in the group that they would mobilize funds to suppress it, and the price of Bitcoin would definitely fall, and gave suggestions to continue to increase positions.
In this way, after listening to the advice of the "Coin Detective", Mr. Wang and his friends began to increase their positions again, but the price of Bitcoin continued to rise. In the end, what they waited for was a series of liquidation messages from friends in the group. .
final goal:
Defrauding customers of all their principal
Realizing that something was wrong, Mr. Wang reported the matter to the police in March of that year. After filing an investigation, the public security organs arrested the criminal suspect Deng and others.
After investigation, Deng and others established Hainan Airlines Darifeng Business Consulting Co., Ltd. in 2018 and provided speaking skills training to its salesmen, allowing them to package themselves as successful virtual currency investors and use chat tools to Looking for customers who invest in virtual currencies and luring them to trade on platforms such as "Tuobi Global", the director and team leader of Hangda Ruifeng Company send trading instructions to customers through salesmen, requiring customers to trade frequently in order to collect high fees .
The "coin detective" that Mr. Wang got to know was not a great god in the currency circle. He was just a salesman of Hangda Ruifeng Company, and the operating instructions he provided to Mr. Wang were just words provided by the company.
At the same time, since the customer's operation is to buy and sell up and down, and will not directly invest in virtual currencies, the funds invested are circulated within the "Tuobi Global" platform. Hangda Ruifeng Company has agreed with the "Tuobi Global" platform that for The client's lost funds will be divided into eighty-two shares. Therefore, in the instructions given to the salesperson, customers will be constantly guided to carry out heavy position operations. When the customer's operation is profitable, they will be encouraged to close their positions in time. Once the market trend is opposite to the customer's operation, the customers will be encouraged to continue to cover their positions. , carry the order until the position is liquidated.
Even the merchants that Mr. Wang purchased USDT virtual currency on the platform were “shills” hired by the platform. The purpose of a series of operations is to defraud customers of their invested capital. It was later confirmed that Deng defrauded all investors out of a total amount of 4.7 million yuan.
The procuratorial organ believes that Deng, as the principal criminal, collaborated with others for the purpose of illegal possession, fabricated facts, concealed the truth, and defrauded the victim of a huge amount of money. His behavior violated the provisions of the criminal law. After the Chongming Procuratorate initiated a public prosecution, the court finally made the above judgment. .

A quick look at the popular currency circles in 3 hours (from CoinsRadar.net):
[Coin price fluctuation]
1. [Binance Futures] Within 3 hours, the following currencies fluctuated the fastest, and there may be investment opportunities!
#mtl +11.68% #astr +6.16% #ckb +4.16% ;#LSK -18.19% #myro -15.42% BEAMX -7.62%
[Binance Spot] Within 3 hours, the following currencies fluctuated the fastest, and there may be investment opportunities!
MTL +11.68% SYN +8.2% FIS +6.45%;LSK -18.24% JST -8.12% BEAMX -7.61%
3. [Binance Futures] Within 12 hours, the following currencies fluctuated the fastest, and there may be investment opportunities!
WIF +18.16% STRK +10.49% MTL +9.89% ;1000RATS -18.32% LUNA2 -18.01% XVG -16.2%
[Binance Spot] Within 12 hours, the following currencies fluctuated the fastest, and there may be investment opportunities!
WIF +18.27% SYN +18.24% ERN +16.12% ;LUNA -17.85% XVG -16.26% MEME -15.39%
【Important information】
1. A new address transferred 10,670 ETH from Coinbase, worth US$37.55 million
2. MakerDAO Lianchuang Rune bought 619 MKR again 9 hours ago
3. Beosin: A brief analysis of the incident where the WooPPV2 contract suffered a price manipulation attack and lost approximately US$8.5 million.
4. Off-chain governance voting platform Snapshot launches new function Boost
5. The U.S. government seeks to modify Zhao Changpeng’s bail before sentencing.
6. EigenLayer TVL surpasses Aave and becomes the second largest DeFi protocol
7. LINK whale deposited 51,000 LINK to Binance 11 hours ago
8. Spartan Group: BTC will not fall to $42,000
9. L1 public chain Injective announced the launch of the first CW20 standard
10. The giant whale that has been dormant for 14 years sold 1,000 BTC 20 hours ago, making a profit of about US$60 million.
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A quick overview of the popular currency circles within 3 hours [from the public account: web3 radar]:
[Coin price fluctuation]
2. [Binance Futures] Within 3 hours, the following currencies fluctuated the fastest, and there may be investment opportunities!
#1000rats +13.54% #ckb +13.23% #1000SHIB +11.0% ;#1000XEC -4.67% #BADGER -2.85% QTUM -0.65%
[Binance Spot] Within 3 hours, the following currencies fluctuated the fastest, and there may be investment opportunities!
FOR +18.44% CKB +13.2% WIN +10.97% ;EPX -9.6% XEC -5.94% BADGER -2.77%
【Important information】
1. BitMEX Research: GBTC outflowed 5,450 BTC yesterday
2. Fantom Foundation: The Singapore court made a default judgment against Multichain and will request the court to liquidate the Multichain Foundation.
3. The probability that the Fed will keep interest rates unchanged in March is 97.0%
4. Tucows, Hiro and Trust Machine collaborate to launch new entity Orange Domain
5. Bitcoin broke through the US$68,000 mark, rising by more than US$5,000 within the day
6. VanEck Head of Digital Asset Research: ETH will outperform BTC by the end of this year
7. BlackRock files to add Bitcoin ETF exposure to its Strategic Income Opportunities Fund
8. Celsius: Coinbase agrees to retry on failed fund return
9. U.S. SEC delays decision on BlackRock Spot Ethereum ETF
10. Base: Base Sepolia test network will undergo one-hour maintenance on March 6
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Big coffee opinion: long #sushi [from: CoinsRadar.Net]
The current price of SUSHI has mid- to long-term buy-and-hold value. #内容挖矿 #TradeNTell
1) Prices have fallen to all-time lows and rebounded.
2) On the 2 week time frame, a bullish divergence is about to be confirmed (expected to appear green within 9 days of this candle).
3) The mid-term target is trend line resistance, and the long-term target is the previous highest point.
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A quick look at the popular currency circles in 3 hours (from CoinsRadar.net):
[Coin price fluctuation]
1. [Binance Futures] Within 3 hours, the following currencies fluctuated the fastest, and there may be investment opportunities!
#jasmy +17.05% #ftm +15.28% #ONE +9.7% ;#AUDIO -4.51% #1000FLOKI -4.39% FIL -2.47%
[Binance Spot] Within 3 hours, the following currencies fluctuated the fastest, and there may be investment opportunities!
JASMY +17.02% FTM +15.05% AERGO +10.84%; FLOKI -4.48% AUDIO -4.44% ACA -3.53%
2. BTC 1-hour RSI indicator breaks through 70
【Important information】
1. [Binance] Flash Exchange
2. The total market value of cryptocurrency exceeds 2.5 trillion US dollars
3. BTC breaks through $64,000
4. Ordinals’ cumulative fee revenue is nearly US$390 million
5. Ethereum L2 TVL is currently US$33.91 billion, an increase of 9.5% on the 7th
6. ETH breaks through $3,500
7. DOGE breaks through $0.15
8. The probability that the Fed will keep interest rates unchanged in March is 96.0%
9. BTC breaks through $63,000
10. Tokens such as LQTY, GAL and HFT will be unlocked this week
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Big coffee opinion: long #ADA [from: CoinsRadar.Net]
The falling wedge pattern has broken out, indicating a positive trend. #内容挖矿 #TradeNTell
It is expected that this breakthrough could bring profits of 35%.
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