If you receive black money (black money) during your withdrawal process, your bank account will face judicial freezing. Similarly, if you receive "black U", your exchange account is likely to be frozen by the public security organs. Do you know which U is "black U"? Today we will talk about the main sources of black U that I know. You can take a look at it for fun, but please be vigilant to avoid getting into trouble.
Exchanges cooperating with online gambling platforms: Some exchanges are legal on the surface, but in fact they have deep cooperation with gambling platforms. They allow gamblers to exchange their bets for USDT (i.e. "U"). These USDTs come from gambling funds, so they are all "black U". Some OTC (over-the-counter transactions) are also involved, and will eventually be held criminally responsible for suspected "assistance in fraud".
Online gambling platforms evade investigation through USDT: In order to evade supervision, more and more gambling platforms have begun to use USDT as a trading medium. Gamblers want to place a bet? First, top up USDT! These black money will eventually be cashed out through designated exchanges. If the online gambling platform is investigated, the relevant wallet address will be marked. Once these funds flow into your exchange account, the public security organs will identify it as an account involved in the case, resulting in your account being frozen.
Telecom fraud money laundering: How do telecom fraudsters launder the black money after they succeed? They usually exchange the black money for "clean" USDT. After laundering through exchanges, these black U will enter the market and circulate. Once you have traded with these fraudsters, the public security organs may target you and cause your account to be frozen.
Summary: In the process of cryptocurrency trading, you should not only avoid receiving black money, but also avoid receiving "black U". Stay vigilant and make sure your account does not involve illegal funds!
