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China Payment and Clearing Association Issues Advisory on Preventing Cross-Border Gambling Fraud Involving Virtual Currency Deposits
Svmuu News: The China Payment and Clearing Association has issued a warning about preventing cross-border gambling fraud involving virtual currency top-ups, aimed at helping the general public raise their awareness of anti-fraud and anti-gambling measures and improve their ability to recognize and prevent scams. The China Payment and Clearing Association reminds the public that in cross-border gambling, “you lose every time you gamble.” Participating in gambling through virtual currencies carries greater risks and is more difficult to detect. Engaging in gambling and facilitating financial transactions for gambling activities are illegal and violate regulations. Do not participate in virtual currency gambling transactions, and safeguard your financial security.
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