Original story of the case:

At the beginning of 2019, the Yancheng Public Security Bureau of Jiangsu Province immediately established a task force after discovering clues that Chen and others were suspected of using a virtual currency trading platform to organize and lead pyramid schemes. . In June of the same year, under the coordination and organization of the Ministry of Public Security, the police of the task force went to Vanuatu, Cambodia, Vietnam, Malaysia and other countries and regions to strengthen police law enforcement cooperation and successfully captured 27 major criminal suspects hiding abroad. In March 2020, all 82 key members suspected of pyramid schemes were arrested.

After investigation, in May 2018, the criminal suspect Chen and others began to engage in Internet MLM criminal activities by setting up the "Plus Token platform" and developing related applications. The platform uses blockchain technology as a gimmick and digital currencies such as Bitcoin as a trading medium. Under the guise of providing digital currency value-added services, it promises high rebates to attract mass participation. In order to attract more people to participate, the criminal gang organized irregular meetings, concerts, tours and other offline activities to promote the platform, and even spent a lot of money to hold promotional conferences with thousands of people overseas. According to statistics, the platform has developed more than 2 million members during its existence, with more than 3,000 hierarchical relationships. It has collected millions of digital currencies such as Bitcoin and Ethereum coins from members, and the amount involved has reached more than 40 billion yuan ( Calculated based on market conditions at the time of the incident). Bitcoin and transaction methods

Definition: Bitcoin is a P2P virtual encrypted digital currency. Peer-to-peer transmission means a decentralized payment system. ?

Transaction method: Bitcoin is electronic cash similar to email. Both parties to the transaction need a "Bitcoin wallet" similar to an email address and a "Bitcoin address" similar to an email address. Just like sending and receiving emails, the remitter pays Bitcoin directly to the other party according to the recipient's address through a computer or smartphone. The following table lists some of the websites where you can download Bitcoin wallets and addresses for free. ?Why is it repeatedly banned:

Answer from two angles: Why do people always set up traps? Why do people always get fooled?

Why do people always set up traps? Because it is profitable, you can take advantage of human nature.

Why do people always get fooled?

In addition to the continuous innovation of MLM criminal methods and the increasing concealment and deception that cause some people to be fooled, it is also inseparable from human nature.

People are greedy and profit-seeking. It is precisely this kind of investment that seems to be "high-yield and high-return" that is so attractive that people keep jumping into the pit.