Recently, more and more people in the community have gotten into trouble, and many friends have asked me: What's really going on with this wave of regulation? Are the coins in our accounts still safe?
To be honest, after years of trading crypto, I've seen too many cases where people got burned because they ignored basic security. This joint action by multiple departments isn't targeting regular traders, but rather aims to weed out projects that use the banner of "compliance" to scam people.
**The three main scam tactics lately:**
Here's a typical case—a certain project's white paper claims "stable assets + real-world backing," even hinting at "official endorsement." But if you look at their logic, it's full of holes. These kinds of "pseudo-essential" projects have been popping up a lot recently, specifically targeting newcomers.
**Survival guide (hard-earned lessons):**
1. **Reject all "principal guarantees"** If you see "zero-risk arbitrage" or "fixed returns," block them immediately. Virtual asset trading is inherently high-risk—there's no such thing as guaranteed profits.
2. **Beware of phishing websites** Fake platforms now look almost identical to the real ones—your funds can disappear instantly if you transfer them. Never click on unknown links, and always double-check the exchange's official domain.
3. **Use official channels for deposits and withdrawals** If you're asked to transfer to a "personal account," that's basically a red flag. Major platforms have proper deposit and withdrawal procedures—don't take shortcuts with shady methods.
This round of regulation is actually squeezing out the bubbles, which is good for the market in the long run. But regular users need to protect themselves first—security is always more important than profit.
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LiquidityLarry
· 2h ago
Safety is more important than returns, absolutely right.
View OriginalReply0
MemeCurator
· 12-07 05:42
Retail investors won't cut themselves.
View OriginalReply0
BlockchainFries
· 12-07 05:41
A typical lesson for retail investors
View OriginalReply0
pvt_key_collector
· 12-07 05:37
In the crypto world, you have to lie flat.
View OriginalReply0
MetaMaskVictim
· 12-07 05:32
Once you've lost your wallet, you learn your lesson.
Recently, more and more people in the community have gotten into trouble, and many friends have asked me: What's really going on with this wave of regulation? Are the coins in our accounts still safe?
To be honest, after years of trading crypto, I've seen too many cases where people got burned because they ignored basic security. This joint action by multiple departments isn't targeting regular traders, but rather aims to weed out projects that use the banner of "compliance" to scam people.
**The three main scam tactics lately:**
Here's a typical case—a certain project's white paper claims "stable assets + real-world backing," even hinting at "official endorsement." But if you look at their logic, it's full of holes. These kinds of "pseudo-essential" projects have been popping up a lot recently, specifically targeting newcomers.
**Survival guide (hard-earned lessons):**
1. **Reject all "principal guarantees"**
If you see "zero-risk arbitrage" or "fixed returns," block them immediately. Virtual asset trading is inherently high-risk—there's no such thing as guaranteed profits.
2. **Beware of phishing websites**
Fake platforms now look almost identical to the real ones—your funds can disappear instantly if you transfer them. Never click on unknown links, and always double-check the exchange's official domain.
3. **Use official channels for deposits and withdrawals**
If you're asked to transfer to a "personal account," that's basically a red flag. Major platforms have proper deposit and withdrawal procedures—don't take shortcuts with shady methods.
This round of regulation is actually squeezing out the bubbles, which is good for the market in the long run. But regular users need to protect themselves first—security is always more important than profit.