Summary of the key points of the cryptocurrency circle lightning protection guide
1. Cryptocurrency speculation itself is not illegal, but banks may restrict related account transactions.
2. Formal cryptocurrency speculation does not count as a crime of unknown source of property, but the profits are at your own risk.
3. Virtual currency is the focus of regulatory suppression because it is difficult to regulate and easy to be used by criminals.
4. Pay attention to the source of funds when selling coins, otherwise it may involve criminal risks.
5. The crime of illegal business operation often involves exchanges and currency traders, so personal transactions should also be careful.
6. Frequent account freezing may be regarded as knowing and cause more trouble.
7. Selling U on the exchange has the risk of account freezing due to receiving black funds, so you need to be cautious when choosing an exchange.
8. When cooperating with currency traders, you must confirm their legality to prevent being implicated.
9. If you sell U at a high price off-site and receive funds involved in the case, it is easy to violate the law, so be cautious when trading.
10. Give priority to compliant virtual currency exchanges to avoid the risk of illegal operations.
11. Large cash deposits will trigger scrutiny, so make sure the source of funds is legal.
12. When transferring millions of dollars into your account, be aware of legal risks.
13. Musk's concept Marvin can be observed and ambushed, with a hundred times the chance.
In short, when participating in cryptocurrency transactions, you must always be vigilant about legal risks, and choosing compliant channels is more reliable.