The People's Daily published an article criticizing the practice of using false profit information to attract popularity, such as the "100x coin" scam.

CoinFeed reported on April 14 that the People's Daily published an article titled "Disrupting the Capital Market: These Irregularities in Financial Self-Media Accounts Need to Be Wary Of," which specifically named some accounts that used false information such as "100x returns" and "making millions a month trading cryptocurrencies" to drive traffic to cryptocurrency trading. The article again cited a previous notice from eight departments including the People's Bank of China, emphasizing that cryptocurrency-related business activities are illegal financial activities, and pointed out that accounts and platforms providing traffic and technical services for illegal cryptocurrency trading are suspected of violating laws and regulations, potentially threatening financial security and anti-money laundering efforts.