This is why you needed to care about fraud. Now they have reasons to crackdown on virtual currencies that most people would agree with.
https://www.reuters.com/article/us-china-finance-digital-currency/china-central-bank-will-launch-crackdown-on-virtual-currencies-idUSKBN1H515L
https://www.reuters.com/article/us-china-finance-digital-currency/china-central-bank-will-launch-crackdown-on-virtual-currencies-idUSKBN1H515L