๐ธ So You Made $100 Million in Cryptoโฆ How Do You Cash Out Safely?
Letโs talk real โ especially about the dangers of cashing out USDT. ๐
โ ๏ธ The Risks of Selling USDT
Made a few million selling USDT? Congrats โ but donโt be surprised if your bank suddenly callsโฆ
Not to congratulate you โ but to offer "financial planning," trust services, insurance products, and maybe even a VIP gold card. ๐
But hereโs the real concern: dirty money.
When you sell USDT on P2P platforms, thereโs a solid chance youโll run into it.
The Three Tiers of Dirty Money:
Tier 3: Minor issues โ account frozen for a few days, possibly weeks for large sums.
Tier 2: Serious trouble โ funds frozen for 6+ months, maybe even confiscated.
Tier 1: Criminal-level โ involvement in money laundering or fraud. Jail time could start at 3 years.
๐ง How to Avoid These Pitfalls
Donโt chase unrealistic rates:
If someone offers to buy at way above market (e.g., market price is ยฅ7, and you're offered ยฅ7.5)โฆ
๐จ Thatโs a red flag. Greed is the fastest path to disaster.
Avoid sketchy platforms or unknown OTC dealers:
Never do offline cash deals โ too risky. Not just legally, but for your personal safety.
โ
Safer Ways to Cash Out
Stick with people you trust:
Have the buyer send you funds first. Confirm the money is clean (no stale or overly active accounts), then release the USDT.
Pace yourself:
Say youโre trying to offload ยฅ10 million โ break it up. Use methods like Alipay to cash out around ยฅ200k per day.
Rushing leads to mistakes and flags.
Use structured channels if possible:
Options like converting to HKD exist, but theyโre complex and require proper licensing, procedures, and secure routes. Donโt attempt this blindly.
๐ฆ Understanding Bank Risk Control
Small amounts? Youโll fly under the radar.
Large volumes? Get ready for account scrutiny or even withdrawal limits forcing you to visit the bank in person.
#Write2Earn
Clean crypto earnings? No problem.
Already flagged? The bank will investigate everything โ past and present.