In the cryptocurrency trading circle, many may have heard of the 924 document, which explicitly prohibits the trading of virtual currencies. However, to be honest, trading cryptocurrencies, while risky, is not necessarily illegal. At least until now, our country's laws have not clearly stated that trading cryptocurrencies is a crime.

Yes, so far, the policy has taken a crackdown approach towards virtual currency speculation, and the People's Bank has also been very strict regarding virtual currency settlements. As long as the bank knows you're trading cryptocurrencies, it's likely they will ask you to close your account.

However, to date, there is no legal regulation stating that making money from trading cryptocurrencies is illegal!

As long as you gain wealth through legitimate cryptocurrency trading, it does not count as a crime of unclear property sources. In our country's laws, there is still no clause stating that trading cryptocurrencies is illegal. Previous documents issued regarding virtual currency speculation only stated that it goes against public order and morality and that risk is self-borne. In simple terms, if you make money, you can smile; if you lose money, don’t complain to the government about a lack of regulation.

Take note!

All the news you see about 'getting caught for trading cryptocurrencies' is because of randomly selling coins (USDT) and receiving illegal funds, which leads to being caught!!!

It's fine if you cash out through normal trading channels, but you should be wary of those who collude with traders in the market, seeking high prices for USDT, or traders who don't verify their payment identities, transferring illegal funds to you.

Or, if you make too much money and your card is involved in a case, and you can't reasonably explain the legal source of your USDT, then it becomes 'the innocent suffer for the guilty.' Not to mention confiscating your funds, they might just give you an illegal currency exchange, starting with a 37-day package. For those 37 days, you’ll be taking cold showers, eating boiled vegetables, and enduring humiliation from cellmates.

It's completely normal for crypto traders to face frozen accounts due to risk controls; it's just an everyday occurrence. Some people's WeChat and Alipay accounts get frozen just a day after use, others have their bank accounts frozen after being reported as victims of scams, and some face penalties from dual account controls...

If even traders are facing this, do you still think the previous articles about 'exchange fund withdrawal frozen accounts' were alarmist? Do you still believe it's safe to withdraw funds from exchanges as a trader?

Look at those traders who guarantee fund safety; they can't even guarantee their own safety, and the so-called 'frozen account compensation' is just talk.

Newbies think that selling USDT through Alipay or WeChat to filter funds will be safe; you need to see clearly!

Whether you use Alipay or WeChat for payments or transfer bank card funds to Alipay or WeChat, none of these will effectively filter illegal funds. This practice is utterly useless!

Uncle is tracking illegal funds, and he can directly freeze your account with one click upon discovering such behavior.

When your bank card receives direct illegal funds, if you transfer that money to your own WeChat or Alipay, it still counts as direct illegal funds. If you pass it on to another person's account, only then does it become second-hand!

Moreover, Alipay's anti-fraud system is stricter than that of some rural credit cooperatives.

The biggest risk in withdrawing USDT is not the payment method used, but whether the funds received are clean and whether the counterparty's account is a risky account.

Stop believing the 'experts' online who boast; they are just as clueless but dare to teach others how to filter funds. As long as it's illegal funds, no matter where you withdraw it, it can be controlled by the authorities. Be cautious while seeking money!#BabyMarvin合约尾号f9c7 #牛市赛道是那条？ #BabyMarvin可以让你少走弯路 #meme板块关注热点