Recently, according to risk control monitoring, criminals in the name of various "investment and financial management" have induced users to buy digital assets to participate in the investment of fake platforms, causing clients’ great economic losses. Hereby, we introduce the types of false investment fraud and prevention suggestions. At present, there are mainly the following types of false investment fraud:

 First, investment recommendation fraud

 After risk control monitoring, criminals induced users to withdraw cryptocurrency to the false platform to participate in investment fraud.

Common ways for criminals to obtain user contact are as follows:

 1.  On some financial websites, information websites and media push, users can be attracted to add online friends with titled as "investment managers " and "guarantee gains".

2.  Pretending to be the official customer service of the major platforms, making friends with users, using the reason of "inner cryptocurrency information", "professor recommendation" on the grounds, let users add into "community group". In order to prevent criminals from swindling in the name of HTX Station, you can confirm whether your telephone number and WeChat are the official HTX through the "HTX Official Verification Channel".

3.  Pretender as beauty to add users WeChat, QQ chat, claim to have "professor", "expert" to guide investment.

Common ways for criminals to gain users' trust and induce investment fraud are as follows:

1.  Through live broadcast and other ways, disguised as "professor", "expert", "big VIP", "broadcast master", "crypto circle master" to invest and share, and even live broadcast train for up to 15 days, to gain early trust.

2.  Invite to join the group chat and share the strategy and gain skills in the group. The cheater will post the current market trend analysis in the group, share their own strategies. Except for a few real users, the rest of the group are basically "fake users" who are paid by the criminals, and they will say that they are following the "expert" to make money and post screenshots to lure others to join the investment.

3.  Claims that other platforms have better investment opportunities and induces them to withdraw money to other platforms, the false fraud platform. In the end, the fake platform often will close the station, or malicious lower bargain.

Two, part-time buying fraud

Part-time buying fraud is mainly expressed in the form of: criminals release high-paying part-time jobs (at home, playing games, can easily make money every day) information to attract user attention, and set a routine to constantly encourage users to invest money to buy, and eventually cheat money. Common routines are as follows:

 1.  The cheater will induce the user to try a small amount for the first commission to build trust, and then throw out a greater temptation, using the psychology of "greedy for small gains", to induce the user to gradually increase the investment in the single buying.

2.  In the process, the victims were lured into increasing their investment by reasons such as "it takes time for the money to be returned", "system failure", "the task is not completed", and "only the members can get the high commission task".

3.  Withdrawal link often informed "bank card input error" or to a variety of "card fee", "guarantee fee" and other reasons requests to increase investment fraud.

4.  Some of these new scams have begun to involve cryptocurrency, and the scammers will also ask the victims to buy digital currency for the purpose of "making huge money" and "high commission rebate", so as to get the victims to deliver the cryptocurrency to the designated address.

Relevant safety risk control advice

HTX always considers the user advantage first. Even fraud occurs in other platforms, HTX continues to invest and optimize the relevant risk control system. Continued confrontation between dark and gray industry, and make efforts to create a more secure trading environment. But the security transaction needs everyone to increase their own awareness of risk. Here we suggest:

1.  Do not trust any so-called "professor", "group manager" , “expert” and other online friends investment recommendation.

2.  In the field of cryptocurrency, there is no demand for brush buying in any scene. Any part-time buying involving coins is fraud.

3.  Choose the trusted platform for trading. The big trading platform for cryptocurrency circle can be selected, and the official way for non-cryptocurrency investment recommend official banks.

4.  If recognized to be cheated, stop invest and report to the police in time. Hand other party's telephone number, QQ, WeChat, chat records and other retained record to the police, in order to help the police to solve the case.

5.  If you find any clues related to cryptocurrency, please give feedback to the platform in time.