1.    FSC Reminds the Public of the Risks Associated with Engaging in Virtual Asset Trading and Overseas Virtual Asset Trading Platforms
In order to strengthen the public's awareness of transaction risks, the Financial Supervisory Commission (FSC) reminds the public to stop and think carefully before engaging in virtual asset transactions. Virtual assets are emerging and complex commodities that are prone to sharp and unlimited rises and falls in price. The information about them is often not transparent and their transaction risks are high. Before engaging in any such transactions, members of the public should gain a full understanding of the operating models and carefully assess the possible risks, in order to safeguard their own investment rights and interests and protect their financial security. 
Recently, there has been a rash of scams in which fakers on social networks have pretended to be celebrities and asked the public to invest in certain virtual currencies, download specific apps, or log into unknown websites and transfer their assets to designated accounts. People are tricked into believing that they are purchasing virtual assets when in fact the scammers are simply stealing their money. The FSC calls on the public not to gullibly believe false information about high returns and not to rashly hand over their money or assets. 
The FSC also reminds the public of the risks of conducting transactions through offshore virtual asset trading platforms. Such offshore platforms are not institutions approved by the FSC and also may not be supervised by foreign regulatory authorities. The relevant products are provided overseas, the information on virtual asset transactions is opaque, and the prices fluctuate greatly, so the investment risks are high. People who choose to trade through offshore virtual asset trading platforms must be vigilant and carefully judge the authenticity of relevant information to avoid transactions that could end in disputes without legal protections for the investor. Members of the public who choose to engage in such transactions must bear the relevant risks on their own.