The People's Court of Xingyi City, Guizhou Province has publicly heard a case of the crime of organizing and leading pyramid schemes. Defendant Qin Moumou used virtual currency "mining" as a guise to lure more than 70 people to participate in pyramid schemes, involving tens of millions of yuan in funds. It is reported that the company launched a short-term rental computing power custody business, claiming to lease "computing power" to customers to lure participants with high investment returns t...