Ladies and gentlemen, today we are going to uncover the truth behind the collective demise of the cryptocurrency market this year. Let's skip the abstract macro analysis and get straight to the point— all USDT trading channels within China have been completely blocked!
Do you think the closure of exchanges is the end of it? Now even Alipay's payment codes can detect abnormal fund flows! I tried a bank transfer last week, and the next day I received a warning text from the anti-fraud center. These days, trying to buy or sell USDT is nerve-wracking! A slight misstep and your account is immediately frozen, like playing Russian roulette.
The most outrageous part is the police's actions. They don't care whether you bought USDT for trading or paying tuition, they just label you as "suspected of money laundering." Last week, I experienced a nightmarish audit—I was woken up by a phone call from the police station at three in the morning, and the officer immediately asked, "Have you recently participated in illegal fundraising?" I was so angry I nearly threw my phone!
What’s worse is that the entire industry has now been stigmatized. Just casually checking a blockchain address, nine times out of ten it will be associated with gambling, fraud, or even money laundering. A few days ago, a fan privately messaged me asking for advice on how to operate, and I didn't dare to reply, fearing I'd be reported as a phishing target. This regulatory red line is drawn in such a way that even ordinary people are suspected of committing crimes.
Ultimately, the cryptocurrency market is no longer a utopia for investment and wealth management. Those exchanges claiming to be "decentralized" are all just puppets! With a shift in policy, you could experience a "free fall" style bankruptcy at any moment. This is just ridiculous! This campaign under the banner of "anti-fraud" has turned thousands of industries into "ghost towns." Blindly going solo will never bring opportunities; leave a comment + like, and I will guide you to explore tenfold potential coins! Top-tier first-level resources!