CoinVoice has learned that the "Science and Technology Daily" published an article titled "Digital Renminbi Application Accelerates, Beware of These Fraud Traps". Liu Xiaochun, director of the Shanghai Financial Digitalization Research Center, revealed that some criminals are using instant messaging tools and other channels to spread information about purchasing digital renminbi wallets, lured by generous returns. They then utilize the acquired digital renminbi wallets to carry out telecommunications fraud, money laundering, and other illegal activities. There are also criminals who design fake activity pages to extract personal information and steal funds.

Dong Ximiao, deputy director of the Shanghai Financial and Development Laboratory, pointed out that preventing digital renminbi fraud is fundamentally about recognizing its ordinary essence as legal tender, eliminating all greed for quick profits, and protecting wallet passwords and verification codes just as one would protect physical cash. [Original link]