After DeepSeek clarified that it had not issued Virtual Money, the prices of some counterfeit Tokens quickly "cleared to zero"

According to Jinse Finance, on the day when DeepSeek clarified that it had never issued any Virtual Money, the prices of some fake DeepSeekToken quickly dropped to zero, and multiple virtual currencies named ‘DeepSeek’, ‘DeepSeekAI’, ‘DeepSeekR1’, etc., have stopped trading. Among the many fake DeepSeekTokens, there is a false DeepSeekToken called ‘Seek’, which was launched on January 28th. Its Market Cap reached 48 million USD before the big dump. Security company BlockAid reported that 75 fake DeepSeekTokens have been created on the Ethereum and Solana networks, with a scam amount of 420 million RMB. Lawyers remind that the issuers of such Virtual Money may have motives such as confusion, quick profit, and regulatory evasion. At the same time, the ‘plate’ of this kind of virtual currency project is very small, so it is easy to be manipulated, and the value of the currency may quickly drop or drop to zero. Once investors are ‘Be Played for Suckers’ by the project party, it is difficult to trace the specific responsible person or entity.