In what situations will you encounter black money in the cryptocurrency circle? How to avoid it?
First of all, you cannot completely avoid receiving black money in any situation. The cryptocurrency circle is very complicated, especially for domestic investors.
First of all, there will be no free lunch in the sky, and you will be offered a profit. Unfamiliar transactions may have problems.
Therefore, avoid frequent transactions and avoid cryptocurrencies of unknown origin.
For example, when buying coins on an exchange, the other party has very few transactions, or even a very low transaction success rate, or asks you to transfer money to an account not designated by the platform during the transaction, or makes some other requests. This is likely to be a problem.
There are also some big Vs, whose existence may be money laundering, and there is no guarantee and there are risks.
There are also some so-called I.C.O.s, new coins, etc., which may be routines and false propaganda, but some projects are good. This is difficult to say clearly. In short, the cryptocurrency circle is full of thunder, so be careful not to fall into the pit.
It can only reduce the probability. It is not that you will receive black money in the currency circle. There is a possibility of receiving black money in any industry. The so-called black money is that after the victim reports to the police, the law enforcement agency freezes your account, and you find that the funds are black money. Otherwise, who knows that it is black money? In essence, it is black money. If no one reports to the police, there are no restrictions on the account. This so-called black money actually has no effect!
Since it is impossible to avoid receiving black money, how can you have nothing to do with yourself when receiving black money? You can only do a good job of relevant kyca audits. Even if you can show that you are subjectively unwise after the incident, and there is no tendency to commit crimes in your subjective consciousness, the law enforcement agency does not say that it is your problem if you receive black money. There is still black and white in this world!
In the cryptocurrency industry, the inflow and outflow of funds is common. However, in recent years, many brothers' bank cards have been frozen for several months or even half a year, which has caused panic and made people nervous when buying and selling coins.
Let's take a look at the reasons and see if this problem can be avoided.
From the name of cryptocurrency, we can see two attributes, one is encryption and the other is currency. When these two are combined, money laundering naturally comes to mind.
When it comes to money laundering, most people are confused. Why?We ordinary people don't have much money, let alone black money, so money laundering has nothing to do with us, so we naturally won't pay attention to it, and at most we will just hear about it.
Even if we have other illegal income, the amount is very limited. For example, if you accidentally make a fortune and buy a house with a few million, there will be not much left. So ordinary people don't need to launder money at all.
For those who need to launder money, the funds are at least tens of millions, and many are hundreds of millions or even billions. If this kind of money is not handled, or if it is discovered by the country in the middle, you will have to stay in jail for several years.
The reason why money laundering needs to be done is because the source of the money is unknown and it is obtained through illegal crimes. The amount of money is huge, and it is inevitable that it will be targeted by banks. Therefore, many criminals pile millions or tens of millions of cash at home, which is black money.
In the past two years, with the natural encryption properties of cryptocurrency, many criminal organizations have targeted digital currencies such as Bitcoin, which is simply a natural tool for money laundering.
What is the final result? Because of the influx of black money, many brothers in the currency circle suffered. Countless black money flowed into the currency circle. After dozens of transfers, these black money finally reached the hands of people in the currency circle. When the police tracked it, they finally found out where the money went and froze your bank card for half a year, making you so angry that you can't do anything.
Now we have found the reason, but we can't control the flow of black money. However, because the black money is frozen after all, it is a minority, and as long as there is no problem with our own funds, even if it is frozen, it will always be unfrozen.