Economic Daily Commentary: There are endless chaos in the currency circle, and it is necessary to maintain a high pressure on this

According to the Economic Daily, the "currency circle" crisis continues to ferment. Following the explosion of the well-known virtual currency trading platform FTX, recently, the virtual currency loan platform BlockFi filed for bankruptcy. Market panic spread, and all links in the virtual currency industry chain were affected. And the turmoil in every link of the chain will drive the value of the virtual currency to further drop. In such a vicious circle, countless funds were wiped out. With the collapse of market confidence, chaos in the currency circle has emerged one after another. In addition to facing investment losses caused by the "roller coaster" of virtual currency prices, investors may also encounter "thunderstorms" on trading platforms, "running away", frozen funds, and even personal information being illegally embezzled, thus falling into money laundering and fraud. and other legal risks. Maintaining high pressure on the "currency circle" and better protecting the interests of investors should be the next priority.