Don't be careless when trading cryptocurrencies! Beware of black U that may harm you!

When trading, you must be cautious of 'black U', as encountering these dirty U could lead to your bank account or exchange account being frozen. Speaking of this, you might want to know which U are considered 'black U'?

Today, let's talk about the sources of these black U and also let everyone understand that you must avoid stepping on landmines.

First of all, some exchanges actually have secret collaborations with online gambling platforms, specifically allowing gamblers to exchange USDT (which is U). These USDT typically come from gambling, so they are referred to as 'black U'. Some OTC (over-the-counter) platforms are also involved in arbitrage, but what they don't know is that this behavior may violate criminal law, ultimately leading to trouble, possibly involving charges of 'aiding criminal activities'.

Now let's talk about the current online gambling platforms, which are becoming increasingly cunning. To evade regulation, they convert RMB chips into USDT to avoid scrutiny. If you want to participate in gambling, you must first fund U! However, these illicit funds will eventually flow into designated exchanges. Once this gambling platform is investigated, all U that have transactions with these suspicious wallet addresses will be judged as 'black U'. When the police investigate and find that your account has had contact with these addresses, your exchange account is likely to be considered involved in the case, resulting in account freezing, with dire consequences.

Another scenario is that after telecommunication fraudsters succeed, how do they launder the illicit funds? The answer is: by exchanging dirty money for U through exchanges. As a result, originally clean U can also turn into black U. Fraudsters may wash these U through multiple transactions and transfer them back to themselves, and these black U will circulate among those who have transacted with them. If you accidentally conduct a transaction with these fraudsters, your account may be targeted by law enforcement, and a freezing notice will soon follow.

Therefore, in the process of trading cryptocurrencies, you must not only be careful to avoid receiving dirty money but also be vigilant about receiving 'black U'. How to be alert for 'black U' and safely withdraw funds? Follow the main page for answers.