⚠️ Real story sharing: I made money but got into big trouble.

The market hasn't been good lately. I barely managed to break even with USDT and planned to cash out some funds. I didn't expect that shortly after withdrawing, my bank card would be frozen.

When I checked at the local bank, it turned out it was frozen by an out-of-town criminal investigation department, and they gave me a contact number. When I called, it was the XX police, saying that my account funds flowed into a fraud-related account, suspected of 'aiding in fraud'.

I was confused at the time; I was just selling coins normally, how did it turn into helping scammers launder money? The police asked me to explain my relationship with the other party. I honestly said I bought and sold USDT through the exchange and that I was earning legally from trading coins. But the other party informed me that the merchant was a 'black merchant' and was under investigation.

What's scarier is that this isn't my first time. I was affected by a previous withdrawal issue, and I just got released on bail. Now it seems that even if I don't get sentenced, at least there will be a record, which affects three generations.

In my words:

It's fine to lose everything in liquidation, but getting investigated as soon as you make money, what kind of rule is that?

🔐 Lessons learned: When cashing out, safety must be a priority!

Here are three safety tips for cashing out that I organized after this incident, hoping to help brothers and sisters in the crypto circle who are trying to recover their losses:


Technique one: choose large platforms, avoid 'black money exchanges'.

I recommend using Binance: it's stable and secure, with stricter merchant reviews.

Avoid using certain exchanges, as some merchants have complex funding sources and higher risks.


Technique two: strictly select merchants; better to be slow than chaotic.

Registration time ≥ 2 years

The total trading volume is high, but the 30-day trading volume shouldn't be too high; excessive volume indicates frequent transactions, which can attract criminal investigation monitoring.

Be sure to receive payments in real name: always use a C2C platform for transactions, and avoid opaque channels like Telegram or cash transactions.
Technique three (key point): use BiyaPay for compliant transfers.

BiyaPay is a relatively reliable intermediary solution:

Withdraw USDT from Binance to BiyaPay wallet.

Exchange 1:1 to US dollars or other fiat currencies within BiyaPay.

Withdraw to overseas accounts like Wise / OCBC.

Finally, transfer back to domestic bank cards, WeChat, or Alipay.


Reminder: Offline transactions are possible, but must be done with caution!

**Only deal with acquaintances!** Don't be greedy for exchange rates, and do not rashly engage with strangers.

Key principle: better to lose money than your life!

If you encounter robbery or coercion, do not resist; your life is the priority!