Must-Read for Newbies in the Crypto World: OKEx Selling U 680,000 All Involved in Fraud (Practical Tips) Avoid Pitfalls

Recently, there was a person who said she found a seller on the OKEx exchange to sell a large amount of U. During the transaction, the other party said to change the card for payment and assured her that the funds were safe, claiming that the money was transferred by relatives and friends. Anyway, the other party transferred the money first before releasing the coins, so she proceeded with the transaction. As a result, the card was frozen, and all the money (a total of 680,000) was involved in fraud. What’s worse is that it was a first-tier card. Now she has contacted her uncle, submitted the transaction records online, and her uncle told her to wait. It's been several days already, and the response is still to continue waiting. Now she doesn't know whether to call her uncle; if she calls too much, her uncle will get annoyed, so she can only feel anxious.

Such incidents are really common in the crypto world. Today, let’s discuss this issue in detail.

First, the lawyer's advice is that if the frozen amount is relatively large, it is not recommended to mail materials online; the response time is too slow!!

Secondly, since it is a first-tier card, according to the 2016 fund return announcement, it may be subject to deduction. What does this mean? It means that your 680,000 can be returned and deducted directly to the victim without your consent.

Finally, this also means that the unfreezing process must be expedited! Make sure to ask your uncle for a clear unfreezing plan! For example: how to unfreeze, how much to return, etc.

If you are not satisfied with your uncle's response, and you disagree with his decision on the unfreezing process, you can appeal to the higher-level public security bureau or the same-level people's procuratorate for unfreezing. Also, the preparation of materials is necessary to prove how your original trading funds came from, when the funds were deposited, and the records of this withdrawal, as well as your work, bank statement, and other materials that need to be provided.