A virtual currency investment project that "earns money while playing" was actually a pyramid scheme, and four members of the project team were sentenced

A virtual currency, touted as a "play and earn" and "deflationary appreciation" scheme, attracted vast sums of money in a short period of time, recruiting dozens of members and extending beyond three levels. Following prosecution by the Shishi City Procuratorate in Fujian Province, the court issued a first-instance verdict against the key members of the pyramid scheme. Four suspects were convicted of organizing and leading pyramid schemes and sentenced to fixed-term imprisonment and fines. The defendants appealed the verdict. In July 2025, the court of second instance dismissed the appeal and upheld the original verdict.