1. Real Case: Top Student Becomes 'Prisoner'

In March 2025, a student from a 985 university in Guangzhou, Xiao Wang, went 'crazy' in the crypto world—earning 18 million by reselling USDT (virtual currency).

Result: On the day of withdrawal, the police burst into the dormitory, confiscating computers and phones, citing 'suspected money laundering'!

Reason: The buyers of Xiao Wang's USDT were 'high premium miners' who used involved funds (like telecom fraud proceeds) for transfers. The bank's risk control system detected abnormal transactions, froze the account, and reported to the police.



2. Why Can't You Make Money? Three Deadly Traps!

1. Trap One: What You Think is 'Making Money' is Actually a Setup

Scam: Scammers disguise themselves as 'miners' or 'big players', purchasing USDT at a high price and using illicit funds for transfers.
Case: Someone sold USDT to a 'miner', and 20 minutes after the transfer, police barged into their home to check equipment (the flow of illicit funds was tracked).
Avoiding Traps:

Only accept Alipay/WeChat payments: Receive money before transferring coins, and take screenshots as proof!
Check the buyer's transaction history: The receiving account must not have gambling or loan records, or it will be blacklisted.


2. Trap Two: Bank Risk Control Can Freeze Your Account in Minutes

Trigger Conditions:

Single day transfer exceeds 500,000 → Bank forces reconciliation
Account suddenly shows an extra 8 digits → Anti-money laundering department interviews within 72 hours
Has online loan records → Directly listed as high risk


Case: Brother Wang from Shenzhen sold USDT on a fraudulent platform, and 10 minutes after the money arrived, police showed up and froze the account.

3. Trap Three: Small Gains Can Lead to Big Losses

High Premium Trap: Some people, in order to earn a 5% spread, take on involved funds and end up in jail.
Insider Information Trap: 99% of 'Hundred Times Coins' are scams; the operators raise the price and then run away.


3. Survival Guide: 3 Tips for Safe Withdrawals

1. The Iron Rule of Trading with Acquaintances

Receive money before releasing coins: Screenshot the payment receipt from Alipay/WeChat before proceeding, never on credit!
Check transaction history overnight: The receiving account must be 'clean' (no gambling or loan records).
Avoid high-frequency accounts: Blacklist any account that trades more than 10 times a month (easily targeted by banks).

2. Ants Moving House Style Cashing Out

Large Amounts Split into Small Orders: Split 5 million into 100 transactions, transferring 200,000 daily via Alipay (marked 'goods payment').
Digital RMB Transition: First transfer to a digital wallet, then withdraw in batches (leaving no trace).
Be Cautious with Hong Kong Cards: Don't touch them without an overseas account! They may be frozen during currency exchange.

3. Platform Selection to Avoid Traps

OTC Merchants: Choose licensed ones (like Binance, OKX), and reject 'three no platforms' (no customer service, no KYC, no risk control).
Offline Transactions: Bring a friend to witness face-to-face, record the entire process, and ensure clear payment and goods before leaving.


4. Rules for Survival in the Crypto World

Don't be greedy for high premiums: Some people, in order to earn a 5% spread, step into involved funds and end up in jail.
Don't trust 'insider information': 99% of 'Hundred Times Coins' are scams; the operators raise the price and then run away.
Don't use personal cards for transactions: Frozen accounts can leave you without even money for food!
Use spare money to trade contracts: Beginners should stay away from leverage; a 100x contract can wipe you out in one minute.


5. Ultimate Advice

Legal Red Line: Virtual currency trading is not protected by law; making money is luck, losing money is a lesson.
Stop Loss First: If you've fallen into a trap, call the police immediately and retain evidence (chat logs, transfer receipts).