Cyberspace Administration of China: This year, 1,418 counterfeit websites have been removed, involving inducements to purchase "stablecoins" and other financial products.

MarsBitNews · 2026-01-01T02:59:08+00:00

The Cyberspace Administration of China reported that this year, 1,418 illegal imitation websites were investigated and dealt with, an increase of 1.7 times compared to last year. These involved state-owned enterprises and financial institutions, leading to internet users being deceived and suffering financial losses.

MarsBitNews

2026-01-01 02:59:08

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Mars Finance News, according to the Central Cyberspace Administration of China, based on clues provided by netizens, this year, relevant departments coordinated to verify and promptly address 1,418 illegal and fraudulent imitation website platforms, a 1.7-fold increase compared to last year. Among them: 323 sites impersonated state-owned enterprises such as State Grid and China Petroleum & Chemical Corporation, posting false investment and recharge information, inducing netizens to purchase virtual goods, fake recharge fuel cards, etc., resulting in netizens being deceived; 61 sites impersonated financial institutions such as China Merchants Securities and CITIC Bank,诱导 netizens to download apps for stock trading or purchase so-called “stablecoins” and other financial products, causing property losses.

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