Shenzhen police warn of scams posing as RWA real-estate tokenization
- —Shenzhen police flagged RWA real-estate tokenization as a cover for new scams
- —Contract addresses and company IDs do not prove underlying assets exist
- —Scammers pose as seasoned experts in tech communities to exploit trust
- —Technical verifiability does not equal legal compliance, the bureau said
Why it matters: Rising fraud around RWA in China poses risks to retail investors and to the credibility of asset tokenization.
Source: PANews