Is starfish foreign exchange trading a pyramid scheme?

Criminal law of the people's Republic of China

Article 224 Where an organization or leader, in the name of business activities such as selling goods and providing services, requires participants to obtain the qualification to join by paying fees or purchasing goods and services, and forms a hierarchy in a certain order, and directly or indirectly lures or coerces participants to continue developing pyramid schemes involving others based on the number of developers, thereby defrauding property and disrupting economic and social order, he shall be sentenced to fixed-term imprisonment of not more than five years or criminal detention and shall also be fined; If the circumstances are serious, he shall be sentenced to fixed-term imprisonment of not less than five years and fined.