False JD Stablecouins, fraudsters impersonate Solana Devs: Asia Express

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All JD Stablecouins are fraud today

All services that claim that they offer access to Stablecoin JD.com are fraudulent, said the Chinese giant of e-commerce in statement Published on Weibo, microblogging platform.

JD.com said that entities are misleading society, claiming that they cooperate with a subsidiary in Hong Kong, JD Coinlink. The company emphasized that at this moment it did not spend Stablecoin or created such partnerships.

According to many Wechat accounts Warning against Stablecoin cheaters. Fraudulent campaigns are promising users of 5000 JD.com Stablecouins for registration and additional awards for sending friends.

JD Stablecouins fake ad
One of many dishonest JD Stablecoin Giveaway campaigns. (Jd.com)

JD.COM has recently shown great interest in Stablecouins. He plans to apply for the Stablecoin license in Hong Kong, in which modern regulatory frames will appear on August 1. The company was also among several Chinese technology companies lobbying to the China Bank to allow Stablelecin in the region.

China banned cryptographic trade and mining, instead promoting the digital currency of the central bank, digital Juan. But recently some scientists and political advisors began to talk to a more open approach to cryptography.

In May, the International Monetary Institute, supported by the State, published an article discussing the potential of Bitcoin as reserve assets. In the next month, a comment in an article related to one of the best Chinese research bodies warned that Stablecouins supported by the American dollar pose a threat to China’s monetary sovereignty and that Beijing should take part in global discussions.



On the same day, the US Senate adopted the Act on a genius focused on Stablecoin, China governor, Mr. Gongsheng, announced the creation of an international operating center to promote the digital yuan.

During a recent panel discussion, between legal experts on Stablecouins led by a magazine, Winston Ma, former managing director of China Sovereign Wealth Fund, noticed that the speech of the Lord refers to “CBDC Stablecouins”, which suggests that Beijing may perceive digital currencies and a central bank as one concept.

Solana dev impersonators aim at the South Korean chat groups

The ETF debut from SOL in America coincided with a wave of phishing fraud in South Korea directed to users through false Solana groups.

The victims were lured by phishing links, which redirected them to the false sides imitating Solflare, a popular Solana wallet. The sites promised free solo prizes for creating a portfolio. After configuring, users were encouraged to give their tokens with the promise of daily interest payments, which led to many to deposit their Sol.

The South -Korean chapter of Solana Devs warns about social media links in cocoa groups.The South -Korean chapter of Solana Devs warns about social media links in cocoa groups.
While many cryptographic projects have official cocoa groups, this does not guarantee ID. (SuperTeam Korea)

Fraudsters impersonated Superteam Korea, a local chapter of the Solana programmers community, creating false group chats in the Kakaotalk message to send messages. These chats were designed as justified, using the official Solana branding, partnership announcements and events updates. Frauduular relationships in groups even used real names and photos of people associated with Korea Superteam.

Some victims went further, transferring FIAT currency to bank accounts provided by fraudsters. False portfolio interfaces displayed produced balances, which, giving the illusion that Sol was imprisoned.

When the victims tried to withdraw profits or transfer tokens to real wallets, cheaters or removed them from groups of chat, they stopped answering, or closed phony websites to eliminate traces of fraud.

Indian Crypto Exchange Cindcx under fire for sudden removal

The Indian exchange of Cindcx cryptocurrencies is in the face of slack after the decision to remove about 50 commercial courses without prior notification.

Users started to social media to complain The fact that they were forced to sell their shares, but the CEO of Cindcx Sumit Gupta explained that the removal only influenced trade couples of the margin, not point trade. He said that these tokens remain available for point trade.

CEO CEO COINDCX SUMIT GUPTA Reaction to opposition to the stock exchange decision to remove margin trade couplesCEO CEO COINDCX SUMIT GUPTA Reaction to opposition to the stock exchange decision to remove margin trade couples
Cindcx claims that the transaction tax in India raises the trade fees of the margin. (SUMIT GUPTA)

According to Gupta, this movement was powered by the raw India tax system on cryptography. He explained that margin trade causes a higher tax than the source (TDS) than usual is expected by customers. India currently imposes 1% TDS on cryptographic transactions over 10,000 rupees (about USD 115), which means that they bear additional tax payments above the threshold. In addition, cryptographic investors are in the face of 30% of the flat tax on capital gains, which makes India one of the most criminal cryptographic tax environments in the world.

Recently, Cindcx has been forced to reverse the decision to remove several trading pairs after the community’s reaction. Gupt recognized that the communication of the stock exchange “could have been better done”.

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Cryptographic investigators join the probe in the former first lady of South Korea

A team of prosecutors specializing in financial crimes related to cryptocurrencies apparently He was distributed to support the investigation of South Korea in the case of the former first lady Kimon Hee, because the probe expands to shamanic influence, foreign gambling of religious leaders and possible bribe at the presidential residence.

President Yoon Suk-Weeol was accused after the announcement of a short-term martial law at the end of 2024. The investigation is now focused on the alleged bribery related to his wife Kim.

Former South Korea President, Yoon Suku Yul waving the crowd during deboarding of the aircraft with the former Lady Kim Geon-Hee behind himFormer South Korea President, Yoon Suku Yul waving the crowd during deboarding of the aircraft with the former Lady Kim Geon-Hee behind him
Cryptocurrency specialists joined the unit examining bribery against the former first lady. (Shin Yugyueong/Office of the President)

Three prosecutors focused on cryptography reportedly joined the modern unit conducting an investigation in the Jeon Seong-Bae case, a shaman accused of acting as a framework of behind-the-scenes power during the presidential campaign Yoon in 2022. Jeon is suspected of interfering with high -level visits, affecting political decisions and providing Kim gifts.

A special advisor also has hereditary A case from the cryptocurrency unit of the District Prosecutor in Seoul with the participation of Han Hak, the controversial leader of the religious group. Prosecutors say that a former senior union clerk gave luxurious bags and a diamond necklace to shaman, who then gave them to Kim between April and August 2022, apparently to political decisions.

He allegedly It lost immense sums of money at Las Vegas casinos from 2008. Investigators suspected church funds could have been confused and managed by illegal channels. The Church of Union denied all offenses, stating that foreign trips are part of a routine missionary activity.

Since then, the probe has expanded to include allegations regarding the unregistered “ghost building” at the presidential residence in Seoul. The structure, considered a screen golf institution built during the presidency of Yoon, was directed to prosecutors by the audit and inspection council at the beginning of this year. The authorities investigate who financed the construction.

The team of a special adviser officially started investigating July 2. According to South Korea, he has 60 days to conduct his investigation, with a possible 30-day extension, if he is approved by the president.

Yohan YunYohan Yun

Yohan Yun

Yohan Yun is a multimedia journalist covering blockchain since 2017. He contributed to Forkast Crypto Media Outlet as an editor and included Asian technical stories as an assistant to the BROOMBERG BNA and Forbes reporter. He spends his free time cooking and experimenting with modern regulations.

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