[Beijing Investigates First Case of Blockchain-Assisted Pyramid Scheme, Fining Over 930,000 Yuan] According to Foresight News, citing Beijing News Network, the Haidian District Market Supervision Bureau of Beijing recently investigated the city's first case involving the use of blockchain and cryptocurrency technology to assist pyramid schemes. The technology company involved was an outsourcing service provider for a public blockchain. The blockchain's "Atomic Project" and "Hathaway Project" were pyramid schemes based on a recruitment-based rebate model, requiring participants to invest funds to gain membership. The technology company was fined a total of over 930,000 yuan for facilitating the pyramid scheme.