Multiple Regions Issue Warnings Against New "Stablecoin Investment" Scams

According to Jinse Finance, citing Jintou Data, recently, some unscrupulous organizations have been exploiting the “stablecoin” trend by issuing or hyping so-called “virtual currencies,” “digital assets,” or “stablecoin investment projects,” promising high returns to lure the public into investing and participating in speculative trading, which is suspected of constituting illegal financial activities. In fact, such activities exhibit significant characteristics of illegal fundraising risks. Their operational model often relies on attracting funds from new investors to sustain operations or pay returns to earlier investors. Once the capital chain breaks or the project operators abscond, investors face the substantial risk of being unable to recover their principal. In response, financial regulatory authorities in multiple regions have issued risk warnings, reminding the public to avoid falling victim to such schemes.