Is wv unlicensed in China an illegal pyramid scheme?

Wv is an unlicensed pyramid scheme, recognized as a pyramid scheme organization by the State Administration for Industry and Commerce, and exposed by travel channels and many media. If it is only a simple pyramid scheme, it is indeed illegal, and it is impossible for wv to go to all members of the organization at a low price. Only a few members who have developed relatively offline have participated in some party tours. The organization likes to brainwash some housewives and girls who have never been far away, and charge admission fees under the guise of traveling.