The growing popularity of blockchain technology has led to a resurgence of illegal activities, with unscrupulous individuals exploiting the hype to issue fake virtual currencies, assets, and digital assets to raise funds. These activities, disguised as blockchain-based financial innovation, are actually illegal fundraising, pyramid schemes, and fraud, infringing on the legitimate rights and interests of the public.

On June 3, the Shanxi Province Office for the Disposal of Illegal Fundraising issued a warning to the public, urging them to increase their risk awareness and not participate in speculative activities that can lead to damage to their personal property and rights. The office emphasized that these activities, touted as "financial innovation", are essentially Ponzi schemes that are unsustainable in the long run.

The public is advised to take a rational view of blockchain technology and not blindly believe in extravagant promises. They should enhance their risk prevention awareness to avoid being deceived by these illegal activities. The warning serves as a reminder that blockchain technology, like any other technology, can be used for both legitimate and illegitimate purposes.

The resurgence of illegal activities in the name of blockchain technology highlights the need for increased vigilance and regulation in the industry. It is essential for consumers to be aware of the risks involved and to take steps to protect themselves from fraudulent activities.

In conclusion, the warning issued by the Shanxi Province Office for the Disposal of Illegal Fundraising serves as a reminder to the public to be cautious of illegal activities disguised as blockchain-based financial innovation. By increasing their risk awareness and taking a rational view of blockchain technology, consumers can protect themselves from fraudulent activities and ensure that they do not fall prey to illegal schemes.