[China Guizhou Cyber Police Cracks Down on Illegal Activities Involving 'Virtual Currency'] According to a report by Jinse Finance, the Cybersecurity Bureau of China's Ministry of Public Security released a case stating that the Guizhou Qiannan Cybersecurity and Economic Investigation teams collaborated to crack a 'virtual currency' pyramid scheme case. The task force traveled to multiple locations and successfully apprehended 15 suspects. Upon investigation, it was found that the pyramid scheme organization promoted the slogan 'Everything of value in the world can be tokenized,' built a virtual currency platform without real-name registration, and established various hierarchical levels. Members participated in the pyramid scheme by staking virtual currency through recharges and profited by developing subordinates to earn direct referral rewards. This was a multi-level pyramid scheme with more than three levels and involved thousands of participants. The perpetrators created a virtual currency online, using the promise of high returns from purchasing the currency as bait. They deliberately inflated the price of the virtual currency and categorized members into 'identity levels' based on their purchase amounts. As members advanced to higher levels, their returns increased, encouraging 'old members' to continue recruiting 'new members' and attracting more participants to join the pyramid scheme, thereby achieving multi-level profit sharing.