{"id":4409,"date":"2026-05-08T23:15:32","date_gmt":"2026-05-08T23:15:32","guid":{"rendered":""},"modified":"2026-05-08T23:15:32","modified_gmt":"2026-05-08T23:15:32","slug":"%E6%8E%A2%E7%B4%A2%E9%93%BE%E4%B8%8A%E6%9A%97%E6%B5%81%EF%BC%9A%E5%BC%82%E5%B8%B8%E4%BA%A4%E6%98%93%E4%B8%8E%E5%8C%BA%E5%9D%97%E9%93%BE%E5%88%86%E6%9E%90","status":"publish","type":"post","link":"https:\/\/hzd.com\/?p=4409","title":{"rendered":"\u63a2\u7d22\u94fe\u4e0a\u6697\u6d41\uff1a\u5f02\u5e38\u4ea4\u6613\u4e0e\u533a\u5757\u94fe\u5206\u6790"},"content":{"rendered":"

\u5bfc\u8bed\uff1a
\n\u5728\u533a\u5757\u94fe\u7684\u4e16\u754c\u91cc\uff0c\u6bcf\u4e00\u7b14\u4ea4\u6613\u90fd\u662f\u900f\u660e\u7684\uff0c\u4f46\u5e76\u975e\u6240\u6709\u7684\u4ea4\u6613\u90fd\u5982\u540c\u8868\u9762\u770b\u8d77\u6765\u7684\u90a3\u4e48\u6e05\u767d\u3002”\u94fe\u4e0a\u6697\u6d41”\u680f\u76ee\u6df1\u5165\u5206\u6790\u4e86\u533a\u5757\u94fe\u7f51\u7edc\u4e2d\u7684\u5f02\u5e38\u4ea4\u6613\u884c\u4e3a\uff0c\u8fd9\u4e9b\u884c\u4e3a\u80cc\u540e\u5f80\u5f80\u9690\u85cf\u7740\u590d\u6742\u7684\u52a8\u673a\u548c\u98ce\u9669\u3002\u672c\u6587\u5c06\u5e26\u4f60\u4e00\u63a2\u7a76\u7adf\uff0c\u89e3\u6790\u533a\u5757\u94fe\u4ea4\u6613\u6570\u636e\u7684\u5f02\u5e38\u6ce2\u52a8\uff0c\u89e3\u7801\u5f02\u5e38\u4ea4\u6613\u80cc\u540e\u7684\u771f\u76f8\u3002<\/p>\n

### \u4e00\u3001\u533a\u5757\u94fe\u5f02\u5e38\u4ea4\u6613\u6982\u89c8
\n\u5728\u533a\u5757\u94fe\u7684\u4e16\u754c\u91cc\uff0c\u5f02\u5e38\u4ea4\u6613\u6307\u7684\u662f\u90a3\u4e9b\u4e0e\u6b63\u5e38\u4ea4\u6613\u6a21\u5f0f\u4e0d\u7b26\u7684\u884c\u4e3a\u3002\u8fd9\u4e9b\u884c\u4e3a\u53ef\u80fd\u5305\u62ec\u4f46\u4e0d\u9650\u4e8e\uff1a\u9ad8\u9891\u4ea4\u6613\u3001\u5927\u989d\u4ea4\u6613\u3001\u533f\u540d\u4ea4\u6613\u3001\u5feb\u901f\u8f6c\u79fb\u8d44\u91d1\u7b49\u3002\u5f02\u5e38\u4ea4\u6613\u53ef\u80fd\u6d89\u53ca\u6d17\u94b1\u3001\u6b3a\u8bc8\u3001\u975e\u6cd5\u8d44\u91d1\u6d41\u52a8\u7b49\u975e\u6cd5\u6d3b\u52a8\uff0c\u56e0\u6b64\u5bf9\u533a\u5757\u94fe\u7f51\u7edc\u7684\u5b89\u5168\u6027\u548c\u7a33\u5b9a\u6027\u6784\u6210\u4e86\u5a01\u80c1\u3002<\/p>\n

\u636eChainalysis\u76842022\u5e74\u62a5\u544a\u6307\u51fa\uff0c\u5168\u7403\u8303\u56f4\u5185\u901a\u8fc7\u533a\u5757\u94fe\u8fdb\u884c\u7684\u975e\u6cd5\u4ea4\u6613\u603b\u989d\u8fbe\u5230\u4e86\u6570\u5341\u4ebf\u7f8e\u5143\uff0c\u5176\u4e2d\u5f02\u5e38\u4ea4\u6613\u5360\u636e\u4e86\u76f8\u5f53\u5927\u7684\u6bd4\u4f8b\u3002\u8fd9\u4e9b\u5f02\u5e38\u4ea4\u6613\u4e0d\u4ec5\u5bf9\u4e2a\u4eba\u8d44\u4ea7\u5b89\u5168\u6784\u6210\u5a01\u80c1\uff0c\u4e5f\u5bf9\u6574\u4e2a\u91d1\u878d\u5e02\u573a\u7684\u7a33\u5b9a\u6027\u548c\u4fe1\u8a89\u9020\u6210\u5f71\u54cd\u3002<\/p>\n

### \u4e8c\u3001\u94fe\u4e0a\u5206\u6790\u6280\u672f\u7684\u91cd\u8981\u6027
\n\u94fe\u4e0a\u5206\u6790\u6280\u672f\u662f\u8bc6\u522b\u548c\u8ffd\u8e2a\u5f02\u5e38\u4ea4\u6613\u7684\u5173\u952e\u3002\u901a\u8fc7\u5206\u6790\u4ea4\u6613\u6a21\u5f0f\u3001\u4ea4\u6613\u91cf\u3001\u4ea4\u6613\u9891\u7387\u7b49\u6570\u636e\uff0c\u53ef\u4ee5\u53d1\u73b0\u6f5c\u5728\u7684\u5f02\u5e38\u884c\u4e3a\u3002\u4f8b\u5982\uff0c\u4e00\u4e2a\u8d26\u6237\u5728\u77ed\u65f6\u95f4\u5185\u63a5\u6536\u5927\u91cf\u5c0f\u989d\u4ea4\u6613\uff0c\u53ef\u80fd\u8868\u660e\u8be5\u8d26\u6237\u6b63\u5728\u8fdb\u884c\u6d17\u94b1\u6d3b\u52a8\u3002<\/p>\n

Chainalysis\u7684\u533a\u5757\u94fe\u5206\u6790\u5e73\u53f0\u5c31\u662f\u4e00\u4e2a\u4f8b\u5b50\uff0c\u5b83\u5229\u7528\u5148\u8fdb\u7684\u7b97\u6cd5\u548c\u673a\u5668\u5b66\u4e60\u6280\u672f\uff0c\u5e2e\u52a9\u91d1\u878d\u673a\u6784\u548c\u6267\u6cd5\u90e8\u95e8\u8bc6\u522b\u548c\u8ffd\u8e2a\u53ef\u7591\u4ea4\u6613\u3002\u8be5\u5e73\u53f0\u901a\u8fc7\u5206\u6790\u4ea4\u6613\u6a21\u5f0f\u548c\u8d44\u91d1\u6d41\u5411\uff0c\u80fd\u591f\u8bc6\u522b\u51fa\u90a3\u4e9b\u4e0e\u5df2\u77e5\u975e\u6cd5\u6d3b\u52a8\u76f8\u5173\u7684\u5730\u5740\u548c\u4ea4\u6613\u3002<\/p>\n

### \u4e09\u3001\u5f02\u5e38\u4ea4\u6613\u6848\u4f8b\u5206\u6790\uff1a\u6d17\u94b1\u6d3b\u52a8
\n\u6d17\u94b1\u662f\u533a\u5757\u94fe\u5f02\u5e38\u4ea4\u6613\u4e2d\u6700\u5e38\u89c1\u7684\u4e00\u79cd\u5f62\u5f0f\u3002\u4e0d\u6cd5\u5206\u5b50\u901a\u8fc7\u590d\u6742\u7684\u4ea4\u6613\u7f51\u7edc\uff0c\u5c06\u975e\u6cd5\u83b7\u5f97\u7684\u8d44\u91d1\u201c\u6d17\u767d\u201d\uff0c\u4f7f\u5176\u770b\u8d77\u6765\u5408\u6cd5\u3002\u4f8b\u5982\uff0c2019\u5e74\u7684\u201cPlusToken\u201d\u4e8b\u4ef6\uff0c\u5c31\u662f\u4e00\u4e2a\u5178\u578b\u7684\u533a\u5757\u94fe\u6d17\u94b1\u6848\u4f8b\u3002<\/p>\n

PlusToken\u662f\u4e00\u4e2a\u58f0\u79f0\u63d0\u4f9b\u6570\u5b57\u8d27\u5e01\u589e\u503c\u670d\u52a1\u7684\u5e73\u53f0\uff0c\u4f46\u5b9e\u9645\u4e0a\u662f\u4e00\u4e2a\u5e9e\u6c0f\u9a97\u5c40\u3002\u636e\u62a5\u9053\uff0c\u8be5\u5e73\u53f0\u9a97\u53d6\u4e86\u8d85\u8fc730\u4ebf\u7f8e\u5143\u7684\u8d44\u91d1\uff0c\u5e76\u5229\u7528\u533a\u5757\u94fe\u8fdb\u884c\u6d17\u94b1\u3002\u901a\u8fc7\u94fe\u4e0a\u5206\u6790\uff0c\u8ffd\u8e2a\u5230\u8fd9\u4e9b\u8d44\u91d1\u6700\u7ec8\u6d41\u5411\u4e86\u4e00\u4e9b\u5927\u578b\u7684\u52a0\u5bc6\u8d27\u5e01\u4ea4\u6613\u6240\uff0c\u8fd9\u4e9b\u4ea4\u6613\u6240\u968f\u540e\u88ab\u76d1\u7ba1\u673a\u6784\u8c03\u67e5\u3002<\/p>\n

### \u56db\u3001\u5f02\u5e38\u4ea4\u6613\u6848\u4f8b\u5206\u6790\uff1a\u6b3a\u8bc8\u6d3b\u52a8
\n\u6b3a\u8bc8\u6d3b\u52a8\u4e5f\u662f\u533a\u5757\u94fe\u5f02\u5e38\u4ea4\u6613\u7684\u91cd\u8981\u7ec4\u6210\u90e8\u5206\u3002\u4e0d\u6cd5\u5206\u5b50\u901a\u8fc7\u521b\u5efa\u865a\u5047\u7684\u9879\u76ee\u6216\u670d\u52a1\uff0c\u8bf1\u9a97\u6295\u8d44\u8005\u6295\u8d44\uff0c\u7136\u540e\u5c06\u8d44\u91d1\u8f6c\u79fb\u3002\u4f8b\u5982\uff0c2021\u5e74\u7684\u201cRug Pull\u201d\u4e8b\u4ef6\u3002<\/p>\n

Rug Pull\u662f\u4e00\u79cd\u5e38\u89c1\u7684\u52a0\u5bc6\u8d27\u5e01\u6b3a\u8bc8\u624b\u6bb5\uff0c\u9879\u76ee\u65b9\u5728\u5438\u5f15\u6295\u8d44\u8005\u6295\u8d44\u540e\uff0c\u7a81\u7136\u64a4\u8d70\u8d44\u91d1\uff0c\u5bfc\u81f4\u9879\u76ee\u5d29\u6e83\uff0c\u6295\u8d44\u8005\u635f\u5931\u60e8\u91cd\u3002\u901a\u8fc7\u94fe\u4e0a\u5206\u6790\uff0c\u53ef\u4ee5\u8ffd\u8e2a\u5230\u8fd9\u4e9b\u8d44\u91d1\u7684\u6d41\u5411\uff0c\u4e3a\u53d7\u5bb3\u8005\u8ffd\u56de\u635f\u5931\u63d0\u4f9b\u7ebf\u7d22\u3002<\/p>\n

### \u4e94\u3001\u5f02\u5e38\u4ea4\u6613\u5bf9\u533a\u5757\u94fe\u5b89\u5168\u7684\u5f71\u54cd
\n\u5f02\u5e38\u4ea4\u6613\u5bf9\u533a\u5757\u94fe\u7f51\u7edc\u7684\u5b89\u5168\u6784\u6210\u4e86\u4e25\u91cd\u5a01\u80c1\u3002\u4e00\u65b9\u9762\uff0c\u5f02\u5e38\u4ea4\u6613\u53ef\u80fd\u5bfc\u81f4\u8d44\u91d1\u6d41\u5411\u975e\u6cd5\u6d3b\u52a8\uff0c\u7834\u574f\u533a\u5757\u94fe\u7684\u4fe1\u8a89\uff1b\u53e6\u4e00\u65b9\u9762\uff0c\u5f02\u5e38\u4ea4\u6613\u4e5f\u53ef\u80fd\u88ab\u9ed1\u5ba2\u5229\u7528\uff0c\u8fdb\u884c\u653b\u51fb\u3002<\/p>\n

\u4f8b\u5982\uff0c2020\u5e74\u7684\u201cKuCoin\u201d\u4ea4\u6613\u6240\u88ab\u76d7\u4e8b\u4ef6\uff0c\u5c31\u662f\u4e00\u4e2a\u5178\u578b\u7684\u4f8b\u5b50\u3002\u636e\u62a5\u9053\uff0c\u9ed1\u5ba2\u901a\u8fc7\u64cd\u7eb5\u5f02\u5e38\u4ea4\u6613\uff0c\u76d7\u53d6\u4e86\u4ef7\u503c\u8d85\u8fc72\u4ebf\u7f8e\u5143\u7684\u52a0\u5bc6\u8d27\u5e01\u3002\u901a\u8fc7\u94fe\u4e0a\u5206\u6790\uff0c\u8ffd\u8e2a\u5230\u8fd9\u4e9b\u8d44\u91d1\u7684\u6d41\u5411\uff0c\u4e3a\u8ffd\u56de\u88ab\u76d7\u8d44\u91d1\u63d0\u4f9b\u4e86\u7ebf\u7d22\u3002<\/p>\n

### \u516d\u3001\u76d1\u7ba1\u673a\u6784\u7684\u89d2\u8272\u4e0e\u6311\u6218
\n\u76d1\u7ba1\u673a\u6784\u5728\u6253\u51fb\u533a\u5757\u94fe\u5f02\u5e38\u4ea4\u6613\u4e2d\u626e\u6f14\u7740\u91cd\u8981\u89d2\u8272\u3002\u4ed6\u4eec\u9700\u8981\u5236\u5b9a\u76f8\u5e94\u7684\u653f\u7b56\u548c\u6cd5\u89c4\uff0c\u89c4\u8303\u533a\u5757\u94fe\u4ea4\u6613\u884c\u4e3a\uff0c\u4fdd\u62a4\u6295\u8d44\u8005\u7684\u5229\u76ca\u3002\u7136\u800c\uff0c\u76d1\u7ba1\u673a\u6784\u4e5f\u9762\u4e34\u7740\u8bf8\u591a\u6311\u6218\u3002<\/p>\n

\u9996\u5148\uff0c\u533a\u5757\u94fe\u6280\u672f\u7684\u53bb\u4e2d\u5fc3\u5316\u7279\u6027\uff0c\u4f7f\u5f97\u76d1\u7ba1\u53d8\u5f97\u56f0\u96be\u3002\u76d1\u7ba1\u673a\u6784\u9700\u8981\u4e0e\u5168\u7403\u7684\u540c\u884c\u5408\u4f5c\uff0c\u5171\u540c\u6253\u51fb\u8de8\u5883\u7684\u533a\u5757\u94fe\u5f02\u5e38\u4ea4\u6613\u3002\u5176\u6b21\uff0c\u533a\u5757\u94fe\u6280\u672f\u7684\u5feb\u901f\u53d1\u5c55\uff0c\u4e5f\u7ed9\u76d1\u7ba1\u5e26\u6765\u4e86\u6311\u6218\u3002\u76d1\u7ba1\u673a\u6784\u9700\u8981\u4e0d\u65ad\u66f4\u65b0\u77e5\u8bc6\uff0c\u8ddf\u4e0a\u6280\u672f\u7684\u53d1\u5c55\u3002<\/p>\n

### \u4e03\u3001\u7ed3\u8bed\uff1a\u672a\u6765\u5c55\u671b
\n\u968f\u7740\u533a\u5757\u94fe\u6280\u672f\u7684\u4e0d\u65ad\u53d1\u5c55\uff0c\u5f02\u5e38\u4ea4\u6613\u7684\u5f62\u5f0f\u548c\u624b\u6bb5\u4e5f\u5728\u4e0d\u65ad\u53d8\u5316\u3002\u7136\u800c\uff0c\u901a\u8fc7\u4e0d\u65ad\u7684\u6280\u672f\u521b\u65b0\u548c\u56fd\u9645\u5408\u4f5c\uff0c\u6211\u4eec\u53ef\u4ee5\u6709\u6548\u5730\u8bc6\u522b\u548c\u6253\u51fb\u5f02\u5e38\u4ea4\u6613\uff0c\u4fdd\u62a4\u533a\u5757\u94fe\u7f51\u7edc\u7684\u5b89\u5168\u548c\u7a33\u5b9a\u3002<\/p>\n

\u94fe\u4e0a\u5206\u6790\u6280\u672f\u7684\u53d1\u5c55\uff0c\u5c06\u4e3a\u6253\u51fb\u5f02\u5e38\u4ea4\u6613\u63d0\u4f9b\u66f4\u591a\u7684\u5de5\u5177\u548c\u624b\u6bb5\u3002\u540c\u65f6\uff0c\u76d1\u7ba1\u673a\u6784\u4e5f\u9700\u8981\u4e0d\u65ad\u66f4\u65b0\u77e5\u8bc6\uff0c\u8ddf\u4e0a\u6280\u672f\u7684\u53d1\u5c55\uff0c\u5236\u5b9a\u76f8\u5e94\u7684\u653f\u7b56\u548c\u6cd5\u89c4\uff0c\u4fdd\u62a4\u6295\u8d44\u8005\u7684\u5229\u76ca\u3002<\/p>\n

\u5728\u8fd9\u4e2a\u5145\u6ee1\u6311\u6218\u548c\u673a\u9047\u7684\u65f6\u4ee3\uff0c\u8ba9\u6211\u4eec\u5171\u540c\u52aa\u529b\uff0c\u6253\u9020\u4e00\u4e2a\u66f4\u52a0\u5b89\u5168\u3001\u900f\u660e\u548c\u516c\u5e73\u7684\u533a\u5757\u94fe\u4e16\u754c\u3002<\/p>\n","protected":false},"excerpt":{"rendered":"

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