Deep Tide TechFlow News, on August 10, the Market Supervision Administration of Shiyan City, Hubei Province recently received multiple complaints regarding virtual currency projects such as 'Youke Chuang', 'Shiyi Hui', and 'Ronghui Capital'. Preliminary investigations show that these projects claim that investing in cryptocurrencies can yield returns, but in reality, they engage in overseas trading of cryptocurrencies and develop members through a fission method. Members not only need to invest by following orders but also must invite new participants to profit, which is suspected of using pyramid scheme tactics to conduct illegal financial activities, posing significant risks. The Market Supervision Administration of Shiyan City has issued risk warnings based on relevant regulations, reminding the public to be vigilant against such virtual currency pyramid scheme traps.