The Chinese national Commission of financial security in the Internet IFCERT published the results of a study conducted under the leadership of the government, revealed as April of this year, 421 of the fake project with its own crypto currency. 60% of these projects were running on servers outside of China, which complicated the researchers monitored.

Monitoring IFCERT revealed three main features: the characteristics of a financial pyramid with a promise of high profits, subject to participation in the scheme, the lack of open-source code, which would allow potential investors to see the real picture of the project, as well as trading tokens in the OTC markets.

Recall that recently the Commission on securities and exchange Commission (SEC) presented their vision of a typical fake web site cryptocurrency project.