Must-read for experienced cryptocurrency traders: Selling USDT for cash, beware of money laundering traps!
Brothers, today we need to talk about a topic that even experienced cryptocurrency traders find troublesome—the risks of selling USDT for cash!
If you've made a lot of money selling USDT and suddenly have 5 million in your account, don’t think the bank will applaud you.
On the contrary, they may call you or visit you, but it’s not to check on you!
You need to be careful, because this might not just be the bank's “concern,” but could also be the “greeting” from dirty money!
Dirty money comes in three levels, and each level can give you a massive headache!
Level three dirty money: account frozen for 3 days; if the amount is large, it might take half a year to unfreeze;
Level two dirty money: account frozen for 6 months; funds could also be confiscated, and if the amount is huge, you could go to prison, and don’t even think about online banking, card services, or loans for the next 5 years!
The scariest is level one dirty money: concealing criminal proceeds, with sentencing starting at three years!
So, brothers, when selling USDT, absolutely don’t be greedy for a low price or high value; otherwise, the consequences are unimaginable!
So how can we safely cash out?
Remember these three points: trade with familiar and reliable people, preferably the other party pays before you give USDT;
Withdraw money slowly, don’t be anxious; if possible, don’t use bank cards to reduce risk!
Also, be cautious of the bank's “special attention.” If the amount is too large, non-counter transactions might be restricted, and you will only be able to withdraw cash at the counter.
If your background is not clean, the bank will investigate thoroughly!
Finally, brothers, making money in the cryptocurrency world isn’t easy, and cashing out requires even more caution!
Don’t be greedy for low prices or quick gains; steady and solid progress is the long-term strategy!
Let’s move forward steadily and earn steadily together!
Stay tuned: ACH SLF S MKR TROY
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