Source: Tech – South China Morning PostChina’s financial services watchdog on Friday warned the public to stay alert to illegal fundraising schemes and scams related to the metaverse, as authorities amplify the potential risks involved in what some consider to be the next phase of the internet.Criminals have been busy “absorbing capital” from suspected illicit fundraisers and rackets, which are in the guise of metaverse investment projects and blockchain games, according to the China Banking and Insurance Regulatory Commission …Read More