Zhang San said that he and his uncle collaborated to specifically target U merchants with cash, setting traps for them. The whole case process involved Zhang San connecting with a capital platform, claiming he wanted to invest. The capital platform told Zhang San that to invest, he needed to use U. Zhang San then said he didn’t have any U, and the capital platform told him that they knew U merchants who could arrange cash transactions for USDT.

Then the capital platform found U merchants to come to Zhang San for a cash transaction. The U merchant gave Zhang San U, and Zhang San gave the U merchant cash. After Zhang San handed over the cash, the U did not transfer to the capital platform but instead reported to his uncle, claiming that both his U and money were defrauded. He then sought the help of his cooperating uncle. A few days later, the cooperating uncle apprehended the U merchant, seizing 2 million cash due to the U merchant's suspected concealment crime, and later split the proceeds with Zhang San.

If this case is true, the actions of Zhang San and his uncle constitute fraud, and the amount defrauded exceeding 500,000 could result in a sentence of over 10 years, with the maximum being life imprisonment. Some people say that the way Zhang San and his uncle cooperated is essentially a disguised robbery. Moreover, Zhang San's actions could also constitute the crime of abusing power for personal gain, wrongfully accusing the innocent U merchant of concealment crimes. Zhang San would be considered an accomplice, facing cumulative penalties, with a maximum of life imprisonment. #OceanFishing #UMerchant #CapitalPlatform