๐จ OTC Traders Facing Jail Time?! โ๏ธ
A Chinese national, Tong Moumou, has been sentenced to 1 year and 7 months in prison for buying $BTC and USDT via various channels and selling them for USD.
This highlights the increasing risk for Over-The-Counter (OTC) traders. Authorities are cracking down on these transactions, signaling a major shift in regulatory enforcement. Be extremely cautious when engaging in OTC trading โ the consequences are getting severe. โ ๏ธ
#CryptoNews #OTCTrading #Regulation #Bitcoin ๐

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