WeChat Security Center has announced a crackdown on illegal activities, including pyramid schemes and fraud, disguised as cryptocurrency and stablecoin investments. The platform has received complaints about WeChat accounts using deceptive tactics, such as claiming to unfreeze national assets or leveraging national policies, to lure users into groups with promises of high returns. These groups often encourage members to recruit others, share fraudulent app links, and participate in misleading activities. WeChat has committed to taking action against accounts involved in these schemes, applying measures based on the severity of violations. This includes potential permanent login restrictions for repeat offenders and suspension of group functions for violating groups. The actions are in line with national laws and WeChat's platform agreements, aiming to protect users' property rights from fraudulent activities.