BlockBeats news, August 6, Economic Observer released (Annual yield as high as 540%? Investigation into the chaos of virtual asset investment), which pointed out that reporters found that there are currently some virtual asset investment platforms active in the market that are associated with keywords such as decentralization, blockchain, and virtual assets. They package projects using terms like blockchain technology, smart contracts, DeFi, Defai (DeFi + AI), etc.
Many illegal projects package themselves with concepts such as 'DeFi decentralized finance', 'DApp wealth management', 'stablecoin mining', but in essence, they are still fundraising and rebate activities, merely using a technical shell to disguise risks.
From a legal perspective, investors need to take responsibility for their own civil legal actions, carefully identify and participate in virtual asset investment projects, and be wary of illegal activities under the guise of virtual assets, without harboring a sense of luck.