22-year-old youth pleads guilty! The $260 million money laundering case has been cracked, is the crypto circle safer now?

Crypto friends, a giant money laundering case involving $263 million and 4,100 bitcoins has just seen a key figure plead guilty! The main culprit is a 22-year-old young man, and their gang switched from online gaming teams to specifically engage in social engineering scams, spending the money they scammed on luxury goods.

In my opinion, this kind of case has two sides. The bad side is that it is once again taken as a typical example of "cryptocurrency used for crime," which may scare off some newcomers who are not familiar. But the good side is even more important: it proves that law enforcement agencies' ability to track and combat cryptocurrency crime is getting stronger, and the previous so-called myths of "anonymity" and "untraceability" are collapsing. This is actually a purification of the legitimate market.

The perspective of the crypto god is very clear: it is people who commit crimes, not tools. This case precisely illustrates that evil deeds on the blockchain will eventually leave traces. The reminders for us retail investors are:

Use compliant and reputable platforms, your assets will be safer;

Don't be tempted by small profits to participate in unclear "coin washing" or "proxy buying," which can easily bring trouble;

Hold mainstream assets steadily, invest for the long term, and stay away from any gray areas.

In short, the law net is tightening in the crypto world, which is a long-term benefit for lawful investors. The industry is maturing, and our investment mindset should also become more mature.

Crypto god's daily sharing, if it helps you, you can 关注瑞神, join the chat room to get first-hand information and entry points!