Why does mainland China not allow virtual currency trading platforms to exist?
Let me tell you about the people on the exchange who do bad things, and you will understand.
Those unscrupulous currency dealers on a certain platform can launder 200 million in black money in just one and a half months. Many junior retail investors lost their money and were deceived and had their cards frozen.
To be honest, everyone in the industry wants to make some contribution to this industry, and they all hope that the WEB3 industry will become more and more standardized. It was already in turmoil under the crazy hammer blow of domestic policies, and what's more? However, those U-businessmen who do not respect martial ethics are still destroying this industry unscrupulously.
Many people will ask, don’t merchants have a deposit on the platform? Yes, taking a certain platform as an example, the merchant’s deposit is 10,000 U, which is more than 70,000 RMB. Do you think this is a lot of money?
One account can wash away 200 million yuan of black rice in half a month. This currency merchant team can earn at least more than 80 million yuan. The key is that users cannot appeal after being cheated. The platform can only ban the merchant's account at most. What's the use of that? ?
In the end, it was retail investors who stepped out to bear the final tragedy. Retail investors who withdraw money have not really realized the seriousness of the problem at this time, and what follows is their nightmare. If you receive a handful of black rice, jc will definitely come to your door and rub your head. Included in the two-card punishment list.
Next is credit punishment. You will be able to buy a house or a car for the rest of your life. You will not be able to get a loan. Entry and exit are restricted. All bank accounts under your name are controlled and you can only use cash. Even if you want to open a convenience store to make a living, if you go to apply for a payment QR code, you will be blocked in seconds. Refuse. See clearly, this is not a card-cutting punishment, which can be eliminated within 5 years. The card-cutting punishment is a punishment given to you by the People's Bank of China, while the food card is a label given to you by the JC system, and the money you receive from selling u will have to be paid to the owner. They deceive people into refunding compensation, so junior retail investors will really be deceived and lose all their money.
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