PANews|Nov 08, 2026 10:06
[Linyi, Shandong Warns of Risks in "Global Stock Exchange" Virtual Currency Project: Withdraw Immediately to Prevent Losses] According to the official WeChat account of the Linyi Municipal Media Convergence Center, Linyi officials issued a risk warning exposing two major illegal financial scams: the "Global Stock Exchange" and the "Savings Project" APP. The "Global Stock Exchange" project advertises high returns, enticing people to invest in virtual currencies. Those who have participated should withdraw immediately to prevent losses. The "Notice on Further Preventing and Handling Risks Related to Virtual Currencies" issued by the People's Bank of China and other departments clearly states that virtual currencies do not have the same legal status as legal tender.
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