A friend's brother-in-law borrowed 500,000 to do some brick moving, but unexpectedly, in less than three days, he was invited to operate a sewing machine!
The brother-in-law recently felt that he had discovered a great business opportunity. He found that the price of USDT varies across different platforms; on one platform, the price to buy USDT is 7.3 yuan, while on another platform, it can actually be sold for 7.4 yuan. This means that 10,000 USDT costs 73,000 yuan, and flipping a single order can yield a net profit of 1,000 yuan. If he trades several times a day, earning over 10,000 yuan daily seems easy.
Without hesitation, he even went to the bank to borrow 500,000 to start this business. But who would have thought that just a few days into it, his account would be judicially frozen? Thinking about it makes it clear that such prices are obviously abnormal. Platforms that seem to offer high profits with guaranteed returns are likely money laundering or online gambling platforms, and the funds involved are illegal dirty money. Why would someone give you a 10% higher profit for purchasing without any reason? Why don’t they operate on legitimate platforms to make money themselves?
Many of these illegal platforms do not have T+1 trading restrictions, so money launderers and online gambling operators would buy USDT at high prices there. Everyone should not be lured by a small bargain and so-called business opportunities down the path of illegal activities, ending up with a sentence of operating a sewing machine. According to the judicial interpretation of the crime of assisting in the commission of a crime or concealing and disguising a crime, it is easy to be deemed as knowingly committing an offense, thus being convicted and punished.
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