The Liaoning High Court issued a warning on virtual money investments, reminding to be cautious of illegal "digital asset" fundraising activities.

Gate News bot message, the Liaoning High People's Court recently issued an important reminder regarding the risks of investing in Virtual Money. The reminder pointed out that recently, illegal organizations have been using concepts such as "financial innovation" and "digital asset" to create hype and have been attracting public funds by issuing so-called "Virtual Money", "virtual assets" or "digital assets", inducing people to participate in trading through the public's lack of knowledge about stablecoins and other related concepts.

The Liaoning High Court especially emphasizes that the public should remain highly vigilant against such actions to prevent falling into the traps of illegal financial activities.