Economic Observer: Recently, multiple illegal projects have utilized the concept of "Stablecoin Mining" for illegal fundraising and rebate activities

BlockBeats News, August 6th, Economic Observer released an investigation report titled "Annualized Yield Up to 540%? Investigation of Chaos in Virtual Asset Investment." The report pointed out that the investigation by journalists found that there are currently some virtual asset investment platforms active in the market with keywords such as decentralization, blockchain, and virtual assets. They package their projects with terms such as blockchain technology, smart contracts, DeFi, and Defai (DeFi+AI).

Many illegal projects are packaged with concepts such as "DeFi Decentralized Finance," "DApp Financial Management," and "Stablecoin Mining," but in essence, they are still fundraising and rebate activities, merely using technological shells to cover up 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, be vigilant against illegal activities disguised in the name of virtual assets, and not harbor any illusions of luck.