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Shenzhen Announces Typical Cases of Handling a Batch of Non-compliant Self-Media Accounts Involving Virtual Currency and Illegal Stock Recommendations

2026.07.25 - 04:32
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Shenzhen Announces Typical Cases of Handling a Batch of Non-compliant Self-Media Accounts Involving Virtual Currency and Illegal Stock Recommendations

TechFlow news, July 25, according to reports from Shenzhen News Network, the Shenzhen Branch of the People's Bank of China, the Shenzhen Bureau of the China Securities Regulatory Commission, the Shenzhen Municipal Internet Information Office, and the Shenzhen Municipal Local Financial Administration launched a special rectification campaign to deal with a batch of illegal and non-compliant self-media accounts in accordance with laws and agreements. First, illegally publishing and hyping virtual currency information, illegally providing marketing and promotional information related to virtual currency business activities domestically, inducing the public to participate in illegal virtual currency financial activities. Second, illegally conducting securities and futures business activities, using methods such as posting profit screenshots and publishing live trading operations to induce netizens to add friends, pay to join groups, and purchase financial management courses, illegally conducting securities and futures business activities.

2026.07.25 - 04:32:12

TechFlow news, July 25, TechFlow news, July 25, according to Shenzhen News Network, the Shenzhen Branch of the People's Bank of China, the Shenzhen Bureau of the China Securities Regulatory Commission, the Shenzhen Municipal Internet Information Office, and the Shenzhen Municipal Local Financial Administration carried out a special rectification, disposing of a batch of illegal and non-compliant self-media accounts in accordance with laws and regulations. First, illegally publishing and hyping virtual currency information, illegally providing marketing and promotional information on virtual currency-related business activities domestically, inducing the public to participate in illegal financial activities involving virtual currency. Second, illegally conducting securities and futures business activities, using methods such as posting profit screenshots and publishing live trading operations, inducing netizens to add friends, pay to join groups, and purchase financial management courses, illegally conducting securities and futures business activities.

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