#稳定币监管风暴 Coco is here to submit homework~

6.5 billion major case, dear, have you heard? 🤔🤔🤔

Let Coco tell you all about it:

Recently, the Shanghai police cracked a 6.5 billion yuan "crypto arbitrage" cross-border illegal currency exchange case. For specific details, dear, you can check the news. Coco has many feelings about this and once again rings the alarm bell:

First, high-interest "arbitrage profit" is essentially a Ponzi scheme. Any crypto project that promises guaranteed profits must be approached with caution; don’t become bait on the hook~;

Second, illegal operations are highly concealed, but traces can ultimately be tracked. Technology is not a lawless zone, don’t be brainwashed by others, and maintain a calm and correct understanding;

Third, investors should establish compliance awareness, stay away from underground banks, choose licensed institutions, and select safe licensed institutions with care and wisdom~⛽⛽⛽

Fourth, regulation will continue to upgrade. Cross-border and cross-departmental collaboration has become the norm. In this situation, there should also be a correct understanding: as time goes on, good money will stand tall in the forest of the century, and bad money will be forgotten by others and will be eliminated by society[^0^].⛽⛽🚀🚀