The Shenzhen Illegal Fund Raising Prevention Office issued a risk warning on the "DDO digital options" business

The Shenzhen Special Office for Preventing and Dealing with Illegal Fund-raising issued a risk warning about the "DDO Digital Options" business. Recently, the Office for the Prevention of Illegal Fund-raising received reports from the public that Ding Yifeng International Asset Management Group Co., Ltd. was promoting the issuance of a DDO digital option in the country to solicit public subscription and investment. According to materials provided by the public, Ding Yifeng International has issued three "Notices of Major Benefits to Global Investors", saying that it is anchored by physical assets and issues online digital options DDO through overseas digital asset exchanges to promote and communicate with subscribers. Signed the "Dingdao Digital Option Subscription Agreement" to issue DDO digital options. According to the corresponding "DDO White Paper", the digital option DDO is the so-called native token (token) of the Dingdao public chain. The above-mentioned related activities carried out in the name of Ding Yifeng International for residents in my country are suspected of illegal fund-raising and other illegal financial activities. The Office for the Prevention of Illegal Fund-raising has organized relevant departments to carry out work to resolutely deal with illegal and criminal activities of illegal fund-raising, and seriously investigate the legal responsibility of relevant personnel. We would like to remind the general public that virtual currency lacks a clear value basis, is prone to malicious speculation and price manipulation, has extremely high transaction risks, and can easily become a tool for illegal fund-raising, fraud, money laundering, drug trafficking, smuggling and other illegal and criminal activities. The public is requested to enhance their risk prevention awareness and identification capabilities, and never fall into illegal and criminal traps such as illegal fund-raising. People who have participated in relevant trading activities are advised to withdraw as soon as possible, collect and preserve relevant evidence, and report to local regulatory authorities and public security organs in a timely manner. (Shenzhen Local Financial Administration Bureau)