Legal analysis: it is unlikely that virtual currency transactions will be cheated by public security organs, because virtual currency transactions scams generally involve a large number of people, a wide range, a small amount and strong anonymity. It is difficult for public security organs to obtain evidence, and it is also difficult to arrest them, because most of the information of the creative and operational teams of virtual currency scams is not public and there is no way to obtain evidence. Maybe the mastermind will become a victim after he is arrested. With the popularity of virtual currency, disputes related to it appear frequently. Recently, the People's Court of Futian District, Shenzhen tried a dispute caused by investment in buying and selling virtual currency. The court reminded that the investment transactions of virtual currency are not protected by law, and investors should remain sober and rational.
Legal basis: Article 112 of the Criminal Procedure Law of People's Republic of China (PRC), the people's court, the people's procuratorate or the public security organ shall, within their jurisdiction, timely examine the materials of reporting, accusing, reporting and surrendering themselves, and if they think that there are criminal facts that need to be investigated for criminal responsibility, they shall file a case; If it is considered that there are no criminal facts, or the criminal facts are obviously minor, and it is not necessary to pursue criminal responsibility, the case shall not be filed, and the complainant shall be informed of the reasons for not filing the case. If the complainant refuses to accept it, he may apply for reconsideration.