PANews reported on November 1st that, according to the Hangzhou Municipal Government's official WeChat account, several primary school students recently fell victim to a scam while playing a game called "Egg Party." A criminal gang impersonated police officers, claiming that the game accounts had been misused by criminals, and induced victims to "cooperate with the investigation" and transfer money, some amounts reaching tens of thousands of yuan. The Fuyang District People's Procuratorate of Hangzhou has accused the gang of quickly converting the proceeds into cryptocurrency and then laundering the money through on-chain transfers. Prosecutors warn that anyone claiming to be law enforcement and requesting transfers to so-called "safe accounts" is a scam, and parents should strengthen anti-fraud education for their children.
Hangzhou authorities have announced that a fraud ring is targeting elementary school gamers, tricking them into transferring money and then laundering it through cryptocurrency.
Author: PA一线
This content is for informational purposes only and does not constitute investment advice.

x402 Protocol: A New Standard for Agent Payments
The x402 protocol aims to solve the core payment dilemma in the AI Agent economy through blockchain technology, providing an autonomous and low-cost on-chain payment solution for high-frequency, small-amount transactions between AI Agents.

Pioneer's View: Crypto Celebrity Interviews
Exclusive interviews with crypto celebrities, sharing unique observations and insights

PAData: Web3 in Data
Data analysis and visual communication of industry hot spots help users understand the meaning and opportunities behind each data.

A complete review of the 1011 encryption storm
An in-depth review of the epic liquidation events of October 11: from the Trump tariff black swan event to high-leverage margin calls, stablecoin depegging, and market maker liquidity depletion.

ETHShanghai 2025: Discussing the Future of Ethereum
The theme of this conference is "Expanding Ethereum, Shaping an Open Future". It is co-hosted by the Chinese-speaking blockchain builder community ETHPanda, Wanxiang Blockchain Labs, PANews and TinTinLand.

AI Agent: The Journey to Web3 Intelligence
The AI Agen innovation wave is sweeping the world. How will it take root in Web3? Let’s embark on this intelligent journey together

