Crypto circle beware! Helping someone transfer 200,000 USDT may result in a 3.5-year sentence. A Beijing court ruled on this case, warning OTC traders: don't accept unknown funds, don't be greedy for high transaction fees, and don't help others launder money. Regulation is tightening; do you want to use USDT to evade regulation? No way! Keep evidence, only trade with verified parties, and don't profit from luck, in order to stay safe. Don't touch criminal funds, or you'll end up in prison!

Overnight, the circle of friends in the OTC trading sector of the crypto space was in a panic — a recent criminal judgment from the Beijing Second Intermediate People's Court sounded the loudest alarm for all players: some were sentenced to 3 years and 6 months in prison and fined 40,000 yuan just for helping to transfer 200,000 yuan using USDT. This is not a trivial penalty; it is a clear signal that the regulatory sword is directly targeting the gray areas of virtual currency trading: engaging in 'suspicious transactions' could indeed land you in prison!
I. 200,000 USDT leads to a criminal case: What seems like an ordinary transaction actually crosses the 'money laundering red line'.