Let me tell you about a cryptocurrency trader I know. He was arrested.

His name is Mr. Yang. He has run a real estate business before and made tens of millions. He has a lot of properties.
I have met him several times, but he was caught by his uncle some time ago.

There are two reasons why he was arrested: one is because he raised money from the previous opening, and the other is because he used USDT to participate in gold X money.

The crime he was arrested for was "illegally absorbing public deposits". I helped him look up the criminal law, and he will probably have to serve ten years in prison!

You can't imagine that people with tens of millions of assets would actually use USDT to participate in gold X money. According to normal people's thinking, shouldn't they retire early? Even A Zu said that he would stop when he made 30 million.

It's a scary thing to have your eyes opened.

It’s true that people who have made a lot of money are more anxious than those who have never made a lot of money and who go to get off work on time every day!

Mr. Yang is an OTC currency trader. Let's simulate his operation process. What are his risks? Why did he get into trouble?

Mr. Yang’s operation is as follows:

After receiving U, he used it to find a "gold channel" to exchange for gold.

After U exchanged it for gold, he changed the gold into RMB through the gold shop owner he cooperated with and transferred the money to his own card. The money transferred to him by the gold shop owner was clean.

For the retail investors who sold U to him, the funds they received were also clean.

The problem lies with the "golden channel" that Mr. Yang found!

Where does the gold in the channel come from?

To put it bluntly, this golden channel is made up of people from the black and gray industries!

People in the black and gray industries exchanged the funds from online fraud and online gambling into gold, and then gave the gold to Mr. Yang in exchange for U.

When my uncle was tracking the online fraud funds, he found that a certain gang had converted the funds into gold, and then the gold flowed into the hands of Mr. Yang.

This led to Mr. Yang being implicated and getting into trouble!

The ones who get hurt are always the currency traders, whether they are currency traders on exchanges or over-the-counter currency traders, they all face first-line risks.

As an OTC currency trader, Mr. Yang is a "great man". He took risks and used his own erroneous operations to point out the right path for the currency trading industry and dedicated himself to ensuring the safety of retail investors' exits. He is as bright as a candle and as shining as a firefly. Let us remember him together!

Amen……


From Mr. Yang’s case, we should learn how to exit U safely. Those currency traders who guarantee the safety of your funds, can they really do what they say?

"Fund security" is not just empty talk. It is not easy for people to trust you in this society because the cost for scammers is too low. They just need to block and delete you.

So how do we solve the trust issue?

It only increases costs!

This "cost" has three aspects: time cost, IP reputation, and legal constraints.

Time cost: Seven years in self-media and seven years in the cryptocurrency circle. During these seven years, I have worked diligently and written more than one million words of professional articles in different fields, setting an industry benchmark.

If a person can spend seven years lying to you, then congratulations, he must love you.