Lawyer: Family Members Detained for "Virtual Currency Pyramid Scheme" — What Does It Really Mean? (Author: Lawyer Shao Shiwei)


This article analyzes a programmer's job search case to reveal that the so-called Web3 "wallet + marketplace + self-issued tokens" is actually a pyramid scheme in disguise: inflated product prices, locked-in rebates, recruitment-based commissions, manual withdrawals, and inability to circulate outside the platform form a pyramid trap;
Lawyers warn technical personnel to be cautious about participating in invitation rebates, unlocking, and review logic, as code itself constitutes evidence;
Salary premiums may be risk compensation, so choose employment carefully. Read more:
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