Don't bet on being able to avoid Bitget's accountability!
Some people stubbornly say that domestic exchanges are all the same, but platforms like Bitget, operating overseas, play dirty by having their legal team file complaints at remote local police stations, taking advantage of local law enforcement's tendency to believe in cross-border cases. They freeze accounts first and then issue collaborative investigation letters across provinces. Nowadays, the police are tougher on crypto cases than on P2P.
Ordinary people are ten times stronger in surrendering than in resisting. The police only look at transfer records and don't care whether you understand the law or not. If your account is linked to Bitget and funds are frozen, even if you only made 50,000 yuan, you can be charged with illegal operation or aiding crime.
How do ruthless people with connections play? If you can really establish ties with high-ranking police officials, you might try to suggest through intermediaries that the platform should create more trouble, and then you can negotiate with your capital pool, each side taking a step back: you withdraw the principal plus some profits, the platform withdraws the case and issues a letter of understanding, and finally, the police mediate the case as a civil dispute.
But note that this tactic is only suitable for those who can directly communicate with big shots.
What happens to the eight people who resist? The police only recognize transfer records and platform rules. As long as it is confirmed that they knowingly participated in transactions on an illegal platform, they will be treated as co-conspirators, and refunds are the baseline. The prison term varies based on the amount; for amounts over 100,000 yuan, it's basically three years at a minimum. The whole network is waiting to see who among these eight will be sentenced to prison first. Once the ball starts rolling, the entire crypto circle will tremble.
Don't believe the nonsense that local police don't understand crypto; the economic investigation system is better at tracking USDT than RMB. If you receive a lawyer's letter, find a lawyer immediately. Don’t wait for a freeze notice. The domestic attitude towards crypto assets is a red line; in the eyes of the law, everyone is a gambler.
Either avoid overseas platforms or be ready to refund at any time. If you really get targeted, just surrender and return the money. This is the only solution for ordinary people to ensure their safety.
Recently, the focus has mainly been on internal sharing, so please pay more attention to the friends you've just met.
