PANews reported on March 16 that Xinhuanet published an article titled "Focus on 3.15 | Using AI to Change Faces and Hype Metaverse Investment" which pointed out that as AI big models ushered in explosive development, many netizens began to use AI to assist in work and life, and financial fraud also used new "vests". Criminals used blockchain, virtual currency, artificial intelligence, metaverse, biotechnology, cloud farming and other concepts to weave various fraud traps and carry out online financial fraud. Some criminals, under the banner of metaverse and blockchain, hyped up concepts such as game production and virtual reality related to the metaverse, claiming to "make money while playing games", packaging high-tech investment projects, publicly falsely promoting high returns, and absorbing public funds, which has the characteristics of illegal fundraising.