Shocking! Selling U coins can lead to 3 years in prison! The risks in the crypto world exposed!

Recently, friend A was sentenced to 3 years in prison for making a profit by buying and selling USDT through a bank card, with a total transaction amount of 6.8 million! This raises the question: Is trading U coins really that dangerous?

🧐 Why can ordinary people go to jail for selling coins?

1️⃣ Concealing and hiding the proceeds of crime (Criminal Law Article 312)

Knowing that the funds are problematic yet assisting in their transfer, A continued to trade even after knowing the buyer was involved in money laundering, and was ultimately sentenced.

2️⃣ Illegal business operation (Criminal Law Article 225)

C built an OTC trading platform and traded over 300 million U coins within 2 years, resulting in a 5-year sentence.

3️⃣ Property recognized as proceeds of crime

As long as your transaction funds contain even one illicit amount, it will be classified as criminal.

⚠️ What you think is a safe transaction is actually a trap!

"As long as I don't participate in fraud, I'll be fine" → Wrong! Assisting in the transfer of illicit funds is also illegal.

"Cash transactions are safer" → Large amounts of cash with unknown sources can also be suspected of money laundering.

"Only trade with acquaintances" → If the supplier gets caught, the entire transaction chain could be implicated.

💡 Tips to avoid pitfalls:

1️⃣ Stop over-the-counter trading.

2️⃣ Be cautious when facing the police, ensure your legal rights.

3️⃣ If involved in an investigation, quickly organize bank statements and transaction records, and prepare proof of legitimate funding sources.

🔒 Reminder: Professionally reselling USDT is equivalent to disguised foreign exchange trading; receiving illicit funds without stopping immediately will be presumed as "knowingly"!