Zhang San said that he cooperated with his uncle, specifically targeting U merchants with cash, setting traps for them. The entire case process involved Zhang San connecting with a fund platform, claiming he wanted to invest. The fund platform told Zhang San that to invest, he needed to use U, and Zhang San replied that he didn't have U. The fund platform then told him that they knew U merchants who could arrange cash transactions for USDT.

Then the fund platform found U merchants to come and conducted transactions with Zhang San to obtain cash. 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 fund platform but instead immediately reported to his uncle that his U and money had been defrauded. He then contacted his cooperating uncle, and a few days later, the cooperating uncle apprehended the U merchant involved, seizing 2 million cash under the allegation of the U merchant committing a concealment crime. Afterward, they split the proceeds 50-50.

If this case is real, the actions of Zhang San and his uncle constitute fraud, with the fraud amount exceeding 500,000, which carries a sentence of over 10 years, with a maximum of life imprisonment. Some people say that the cooperation method of Zhang San and his uncle is essentially a form of robbery, and not only that, Zhang San's actions would also constitute the crime of abusing power for personal gain, as he falsely accused the innocent U merchant of concealment crimes. Zhang San would be considered an accomplice, facing multiple charges with the maximum sentence of life imprisonment.

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