Ministry of State Security: "Accumulating tokens to get rich quickly" and other activities suspected of being involved in illegal financial activities or exploited by foreign espionage agencies to endanger national economic security.

Deep Tide TechFlow message. April 07, according to Beijing Youth Daily, the Ministry of Homeland Security issued a statement saying that “token scams” are springing up one after another, especially allegedly illegal financial activities such as “hoarding tokens to get rich” and “making a profit on the spread through over-the-counter trading,” which may be used by foreign intelligence agencies to endanger the nation’s economic security. In response to new technologies and new applications, we must both actively embrace and make good use of them, and also guard against risks and ensure safety, including the risks of data leakage and hijacking, the risks of falsification and tampering, and the risks of scams and traps. In the face of the token craze, we should both take a rational view of their value and pay attention to information security and privacy security, improve awareness of safety and risk prevention, and know tokens and use them well.