The Cyberspace Administration of China has lawfully dealt with illegal online financial accounts, including multiple cryptocurrency related accounts

Odaily Daily News: Recently, the Cyberspace Administration of China, in conjunction with financial regulatory authorities, has lawfully dealt with a group of accounts and websites that spread false information about the capital market, engage in illegal stock recommendations, and speculate on virtual currency trading. Some typical cases are now reported as follows: 1. Accounts such as "Love Stock APP" publish false information about the capital market. 2. Accounts such as "Kan Ge Talks about Finance" engage in illegal stock recommendations. 3. Accounts and websites such as "Huo Ge Chat Encryption" promote and hype virtual currency trading. 4. Accounts such as "Xiaobeiyou" spread black and gray information in the financial field. (NetEase China)