🚨Currently selling U for 800,000 cash gets you caught!!!
A friend was caught selling U for cash offline, and it has been 37 days, and he has not come out yet.
This brother is a cryptocurrency trader, usually trading coins. Last year, he wanted to cash out 800,000 U and knew that selling U on exchanges might lead to frozen accounts from illegal funds.
So he went through over-the-counter (OTC) trading and contacted a buyer, requesting to receive cash offline for the U transaction.
At that time, the trader was afraid that the buyer would take the coins without paying, so he brought a little brother along to sell the U and receive cash.
The “buyer” was actually a runner for upstream criminals, cashing out illicit funds obtained through telecom fraud by purchasing U from the trader.
After the telecom fraud victim reported to the police, they immediately implemented an arrest based on the cash withdrawal video and the video of the cash transaction. They first caught the criminal who withdrew the cash and then followed the clues to find the trader's little brother.
In this transaction, the little brother made more than a thousand in profit. The trader's little brother has already been sentenced to over a year for concealing crimes.
In March of this year, the trader himself was also arrested!
The hope for bail is slim, and he is likely to face actual imprisonment.
The head of the department has mentioned multiple times that selling U offline and receiving cash is very dangerous!
Some people are unconvinced, saying that even if they received illegal funds, how could the police track cash?
Don’t doubt the police's capabilities, okay? Cash withdrawals can also be tracked by them.
When you withdraw cash at a counter, every banknote has a serial number, which is like the ID of the banknote. When passing through a cash counting machine, all the banknotes you withdraw are recorded by the bank's system.
When withdrawing from an ATM, you can hear the sound of the cash counting, which also records the serial numbers.
In the end, with evidence from witnesses and physical evidence, finding you, who received cash for selling U, won't be difficult.
If you want to sell U safely, it depends on the source of the funds of your trading partner. If it’s illegal funds, you can still get into trouble even if you receive cash offline, unless you only use that money for offline cash expenses. Once deposited into your account, the police can still track it.
Legal funds from e-commerce can be transferred and withdrawn without any risk, no matter how you handle it.
The head of the department set up Ethereum chain puppies early, and they are performing well, you might want to pay attention. It feels like the next shib.
