The National Internet Information Office is rectifying the chaos of online financial information, investigating accounts involved in the speculation of virtual currency trading and other illegal activities.
According to reports from CCTV.com, the National Internet Information Office, in conjunction with financial regulatory authorities, has legally investigated a number of accounts and websites that spread false information about the capital market, illegally recommend stocks, and engage in speculation of virtual currency trading. Some typical cases include: 'Aigupiao APP', 'Captain Jack Macro Strategy', which published false capital market information and regulatory rumors; accounts like 'Baige Talks Finance' that illegally recommend stocks; several social media accounts such as 'Fire Brother Talks Crypto' and 'Finance - Xu Yanwen' inducing users to participate in virtual currency trading through group chat screenshots and profit displays; platforms like PKEX, WEEX, and HTX providing download or indirect trading services for overseas exchanges; accounts like 'Little North Howl' spreading information related to the financial black and gray industry. Relevant accounts and websites have been legally shut down.