Let me show you the bad people on OKEx, and you will understand.
Those worthless dealers on OKEx, one account can wash 200 million black money in half a month—how many retail investors lose everything!
Retired dealers see the truth of things from a criminal perspective.
Analyzing the essence of the case from a human perspective, pay attention to Uncle Liu, who endures every different insult every day.
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To be honest, each of us in the circle hopes to contribute to this industry, whether it’s called preaching or expressing feelings. We all hope the WEB3 industry becomes more regulated. Originally, it was already shaky under the hammer of social policy, and there are still unscrupulous beasts crazily destroying this industry.
Destroying the last line of defense in this industry, which is helping people launder black money.
The root cause is the dealer.
Dealers were the easiest group to fall into pitfalls in the entire crypto ecosystem a few years ago, but they turned from victims into perpetrators, directly destroying the entire food chain. Of course, they also moved from the bottom to the middle of the food chain.
This case has nothing to do with the OKEx exchange brand; it is merely that the dealer settled on their platform without effective regulation.
Just yesterday, Uncle Liu's legal team received a paid consultation from Mr. Wang, who has a household registration in Guangzhou. He is originally in e-commerce, occasionally trading coins and making some inscriptions. As a result, he accidentally made a profit of 30,000 USDT.
Then it was mentioned to sell it on OKEx OTC, randomly selecting a dealer called 'Superman Can't Fly'.
This merchant won't make payments to you, but contacted seller Mr. Wang through the system's phone, saying his card has a limit and hopes to switch to another dealer link for the transaction, then canceled the order.
Of course, the seller wouldn't agree, and this dealer told him he could give him an extra 1,500 yuan, so the seller reluctantly agreed.
After copying this link, the seller placed an order here at 'Daqing Capital Trading', and then the transaction began.
And this dealer surprisingly didn't make a real-name payment, directly allowing the money from the telecom scam victims to go to the seller.
Did you understand? For example, this cryptocurrency dealer is a telecom scammer. They don't have bank cards to receive payments, and then they buy USDT at a high price directly from the exchange. You see the high price and directly place an order to sell USDT to the dealer.
These dealers directly give your card number to the victims of telecom fraud (pig-butchering scheme) and then tell the victims to transfer money directly to your card to complete the transaction. This is called hardcore black in the industry.
The dealer called Wang Biao transferred money to the seller, while the dealer was completely uninvolved, with no transaction history, and took the USDT away. Of course, it was frozen the next day.
Let's take a look at this dealer's data. Registered in early December, in one and a half months, there were about 1,000 transactions, with each transaction being about 200,000.
200 million!!!
He washed 200 million in half a month with one account!!!
Many people ask if dealers don't have a security deposit? Correct, the security deposit is 10,000 USDT, 70,000 RMB.
Do you think this money is important?
The key is that users cannot appeal. OKEx officials can only ban this dealer's exchange account at most. What's the use? Ultimately, retail investors bear the consequences, and what are the consequences? Retail investors may not even be aware of the severity of the problem at this time.
A hardcore black dealer will definitely come to your door and press down, getting you listed on the two-card punishment list. A credit punishment means you can't get loans for buying a car or a house for life, restrictions on leaving the country, and all bank accounts under your name are controlled, allowing only cash use. You can't even start a company; opening a small shop and getting a payment QR code is not possible.
Look clearly, this is not something that can be erased after five years of card disconnection punishment. The card disconnection punishment is a penalty given to you by the People's Bank of China, while the two-card system is a label imposed on you by Uncle's system. The money from selling coins has to be refunded, and retail investors really lose everything.
Life sentence!!!!
200 million in hardcore black; this dealer at least made 80 million and left.
Do you think this is something one person can do?
Uncle Liu tells you that in order to open a dealer account on the exchange, a team must provide a guarantee, meaning if there are issues with your account, your dealer team must bear the responsibility. Do you think a dealer will guarantee someone who is clearly doing bad things?
So isn't this situation quite simple? Yes, this team is also doing bad things.
A dealer account can wash 200 million in half a month; what about ten accounts? What about 100 accounts? This is still in a bear market. If it were a bull market like in 2020, when everyone participates in Ponzi schemes?
Now you know why policies need to crack down on the crypto circle?
A whole team is doing bad things. Have you thought about whether there's involvement from the senior management of the exchange? Uncle Liu tells you directly that it's difficult for an individual retail investor to open a dealer account alone.
If a bull market comes, all sorts of demons will appear. Why can't today's dealers just earn a small profit honestly? Because it's really not profitable, and they risk getting pressed down, so they have to cover their profits and take risks. However, there’s not much risk; most retail investors consider themselves unlucky because they have no systematic solution and are unwilling to spend money to solve problems.
If it were someone from Uncle Liu's side encountering this issue, we must take down this group of people. What would we do?
You must report it. If you encounter a money laundering scam, Uncle needs to file a case and provide two or more copies of police officer certificates with the official seal (evidence retrieval notification) to OKEx and send it to the legal email at [email protected], addressed to Aux Caves FinTech CoLtd.)
Then, OKEx will retrieve the real-name information certified by the merchant for Uncle. Regardless of whether this dealer's information was purchased from an old man in the countryside or what, this merchant cannot escape being charged with concealing criminal proceeds. A minimum of three years.
Finding this merchant makes upstream channels very simple. For example, that 'Superman Can't Fly', directly real-named as Hou Yu Chao; either retrieve information or arrest directly, one arrest leads to a chain.
They are not so high-profile anymore, but what's the scary part? These people are lurking in various exchanges. You don't know which dealer is one of them, and then someone will ask, 'Isn’t it fine if I do real-name payments?'
As long as the money enters your account, you are hooked. You can try to return it to the other party, but it’s useless. In the end, if this group of bad people can buy information to open a dealer account, do you think they can't let the information seller make a real-name payment for them?
Stay away from exchange OTC! You can't grasp the humanity here.
