China Urges Caution Against Virtual Asset Projects Impersonating DeepSeek

Uk Jin

Summary

Chinese authorities have urged caution regarding virtual asset projects impersonating DeepSeek.
They revealed that virtual asset tokens impersonating DeepSeek developers are being circulated.
They reported that investors are being persuaded with claims that they can make money using DeepSeek.

*Photo=Screenshot of China's Ministry of Public Security Cybersecurity Bureau page*

Chinese authorities have urged caution regarding virtual asset (cryptocurrency) projects impersonating the generative artificial intelligence (AI) DeepSeek.

According to cryptocurrency media outlet BeInCrypto on the 3rd, Chinese authorities announced through their official page that virtual asset tokens impersonating DeepSeek developers have been circulating.

The impersonators reportedly persuaded investors by claiming to show them how to make money using DeepSeek, and used DeepSeek Coin in the process.

Uk Jin

wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.

China Urges Caution Against Virtual Asset Projects Impersonating DeepSeek

PiCK News

Bitcoin battles around $69,000… “Watch the $84,000 ‘CME gap’ zone”

"U.S. government's Bitcoin holdings post $5 billion in unrealized book losses amid price correction"

"Bitcoin sees continued institutional outflows…possible additional trough test through summer"

U.S. and India announce provisional trade deal… Tariffs on Indian goods to be cut from 50% to 18%

"Ethereum down about 60% from its peak… market absorption capacity put to the test amid whale selling pressure"

Trending News