What should I say if the bank calls after a large withdrawal in the crypto circle?
You must be honest.
Do you still want to lie? They have already assessed you.
Are you in the crypto world and still don't know how to withdraw safely???
Definitely don't go through any U merchants, exchanges, and especially not offline.
USDT has now become a major area for money laundering.
Of course, let's educate a bit about the professionals, specifically how to withdraw USDT safely?
In the crypto OTC, having a frozen card is normal, not having a frozen card is an exception.
What to do if the card is frozen?
There are two situations: if it's a bank risk control, it will be unfrozen in a few days. If it's a judicial freeze, cooperate with the authorities; once the case is over, it will be unfrozen.
In the crypto circle, there are various soft ads that deceive you, telling you to withdraw with them because their money is the cleanest in the world.
Never believe it; scammers often claim they are the most honest.
The risk of withdrawing one cent is the same as withdrawing one hundred million.
As long as you encounter dirty money, it constitutes aiding and abetting a crime. It's important to remind that many newcomers habitually skirt the edge, thinking that if they don't know the other party is dealing with dirty money, or if they don't understand how to withdraw USDT, they won't get caught, or act dumb if they do get caught.....
Two words: Useless.
Regarding withdrawals, various chaotic individuals in the crypto circle offer you all sorts of so-called safe channels, white funds, and so on.
Three words: Don't believe them.
Common types of scams include:
1. Telling you they have safe funds and buy your USDT at a low price. In fact, they are also looking for other U merchants to withdraw.
2. Saying they will give you cash offline, but it's actually all black capital; why go offline if it's clean money?
3. Selling what they call MasterCard U cards. This is a typical exploitation of information asymmetry; many MasterCard U cards have servers located abroad, making it very easy to run away.
So how to find a safe channel for withdrawal?
Whether it's safe depends on the other party's funds. As an individual, it's hard and you don't have the capability to trace whether the other party's funds are clean and hygienic.
So what to do? You can only rely on a third party. For example, exchanges or banks, but how to withdraw?
Since USDT can only be directly exchanged for RMB domestically through U merchants, and much of the RMB is dirty money, you need to rely on third-party exchanges.
