20 alert keywords announced by the Public Security Bureau to combat cryptocurrency scam incidents

In the latest crackdown activities by public security agencies, there has been a rapid increase in fraud cases involving the misuse of cryptocurrencies. According to reports from PANews, the Public Security Department has officially announced “20 Points to Identify Fraud” and is calling for vigilance against cryptocurrency scams. This warning keyword collection is based on an analysis of recent electronic fraud cases and actual investigation experience, systematically compiled by the Criminal Investigation Bureau of the Public Security Department.

The Current Situation of Cryptocurrency Being Abused for Money Laundering and Fraud

According to the analysis by the Public Security Department, using cryptocurrencies for money laundering has become a common method among criminals, and it is widely exploited to conceal fraud and illegal fund transfers. In fraud cases, criminals skillfully combine trending terms from various fields such as “cryptocurrency,” “credit repair,” “unknown links or QR codes,” and “credit trading assistance” to weaken victims’ vigilance and lure them into scams.

Clever Cryptocurrency Investment Tricks Used by Scammers

The most dangerous scam method warned by the Public Security Department is the creation of fake platforms disguised as cryptocurrency investments. Scammers often set up counterfeit exchanges that look very similar to real ones under the guise of “cryptocurrency investment and asset management,” encouraging victims to invest. Furthermore, malicious scammers impersonate “currency traders” or “investment advisors,” using the excuse of online trading risks to manipulate victims and cleverly defraud them of money. These scams are highly organized and planned, with many victims losing large sums of money without realizing it.

Public Security Department’s Warning: Cryptocurrency Trading Has No Legal Protection

The Public Security Department emphasizes the importance of vigilance against cryptocurrency-related scams and warns of the following points. All platforms and services claiming to be “cryptocurrency investment and asset management” are highly likely to be fraudulent. Cryptocurrency transactions are currently not protected by law, and victims of scams may not be able to seek legal remedy. The 20 warning keywords announced by the Public Security Department cover the knowledge necessary for early detection of fraud cases and prevention of victimization. Recognizing these warning signs is the best way for citizens to prevent losses from cryptocurrency scams.