I made 100 million in the cryptocurrency space. If I withdraw, will the bank inquire about the source of the money?

If you sell USDT every day and bring in a lot of funds without withdrawing them, and you reach 5 million, the bank will call you and visit your home, asking you to buy wealth management, trusts, and insurance, and to upgrade to a VIP gold card.

When you sell USDT on the platform, you will definitely encounter dirty money. Level three dirty money is not too much, it will be frozen for 3 days, but if you have so much money in your account, it is likely to be frozen for half a year.

If you are dealing with level two dirty money, it may be frozen for 6 months or even confiscated. If the amount is not too much, you may be able to resolve it by slightly compensating 10%. If it’s too much, you might end up in trouble, and for 5 years you won’t be able to use the internet, open a card, or take out loans.

If you bought USDT at a very low price, or if you sold USDT at a particularly high price, with the market price at 7 yuan and you sell for 7.5, then you are knowingly committing a crime. This is really bad. So don’t try to take advantage of cheap USDT or sell it at an exceptionally high price. If you receive level one dirty money, there’s nothing more to say; it’s a straight three-year sentence. The charge will definitely be for concealing criminal proceeds. If you are selling USDT, do not go to the platform. Take my advice: be cautious and you will be safe for a long time. Definitely do not go to the platform, and do not look for USDT dealers. More importantly, do not engage in cash transactions offline. First, cash transactions may involve a large amount of dirty money, and second, your personal safety could be at risk. Don’t put yourself in a dangerous position.

You made money, and I’ll tell you how to cash out. Find someone you trust to help you cash out. Avoid any funds that have been stagnant for more than 3 days, and don’t engage in transactions with too much frequent movement. Normal living expenses on your card are acceptable.

You don’t need to sell out everything after making 100 million; sell gradually. For example, if you want to cash out 10 million, you can slowly use Alipay to withdraw 200,000 a day. There’s no need to rush. Being too eager to sell can lead to problems. If you can, avoid using a bank card.

If you sell a small amount, the bank generally won’t ask you, but if money comes into your account every day in such large amounts, it’s likely that your card will be flagged, so you’ll have to go to the counter to withdraw.

There’s no way around this. It’s all to prevent telecom fraud and to prevent your card from being lent to others. If your background is clean, without any involvement in drugs or organized crime, and you made money from selling cryptocurrency, and the money is clean, the bank won’t ask too many questions. You can rest assured.

But if you have any past history, they will investigate thoroughly.