ChainCatcher news, according to RootData, the GT Protocol token (GTAI) has increased by 47.34% in the last 24 hours, currently priced at $0.876.Additionally, the Web3 asset data platform RootData shows that GT Protocol is a Web3 AI execution protocol incubated by ChainGPT, providing users with the ability to access CeFi, DeFi, and NFT cryptocurrency markets through an integrated conversational AI interface.

ChainCatcher News: The Beijing Fengtai police have cracked a virtual currency pyramid scheme case. The public security department found that the complainant was actually the suspect.It is reported that the suspect, Xie, joined an organization called "Hua's Association" through a friend's introduction and invested by purchasing virtual currency. After making a profit from a small initial investment, he continued to invest 2 million yuan of his family's savings but did not receive any returns. After being trapped, Xie began to "recruit people" as required by the pyramid scheme, earning commissions and dynamic dividends at different levels, making him a key member of the pyramid scheme in Beijing, developing 9 levels of downlines and involving over 300 people. As the investment platform collapsed, Xie chose to report to the police when faced with debt collection from downline investors.

ChainCatcher news, according to Beijing Daily, in January 2024, the Fengtai police in Beijing, after meticulous investigation, cracked a case where a network blockchain game was used as bait to deceive the public into investing in "virtual currency," defrauding 5 individuals of over 6 million yuan. The suspect Liu, in collaboration with others, falsely claimed that a certain blockchain game was developed by his overseas team, promoted it via the internet, and encouraged people to purchase virtual currency on "Coin Certain Website." Holding the virtual currency allowed players to exchange it for the in-game universal currency "H Certain Coin," which could be used to buy NFT digital assets within the game. The NFT digital assets would appreciate in value as traders conducted transactions, with expected returns exceeding three times the original value.Using the above rhetoric, Liu successively deceived 5 investing individuals into transferring money to his designated digital account. Later, Liu and others went missing, prompting the victims to report to the police. After investigation, Liu was arrested by the Economic Crime Investigation Team of the Fengtai Branch, and he is currently in criminal detention by the Fengtai police on suspicion of contract fraud.