Selling USDT, why is the card frozen?
Before understanding how to safely withdraw funds, let's first discuss why cards get frozen?
Card freezing can be divided into: bank freezing, judicial freezing
1. Bank freezing
(1) Transfer remarks like USDT and other virtual currencies trigger risk control, leading to card freezing.
(2) Banks conduct regular checks on customer transaction activities for anti-money laundering. Frequent transfers, swift in-and-out transactions, abnormal transaction flows, and unusual trading habits can trigger bank risk control, resulting in freezing.
(3) In the event of card cracking actions, bank risk control is intensified, leading to freezing.
(4) Long periods of inactivity, no balance, and suddenly receiving a large amount of money can lead to freezing.
(Contact the bank, inquire about the reason, bring the required materials, cooperate for unfreezing, usually can be unfrozen in 3-30 days.)
2. Judicial freezing
A bank card receiving illegal money (e.g., from fraud, online gambling, etc.) leads to freezing, where short-term freezes last 1-3 days and automatically unfreeze afterward; long-term freezes have uncertain unfreezing times and can only be unfrozen after the case is closed.
Contact the judicial department, provide the required materials, and you can unfreeze by being honest.
Regarding deposits being frozen: if the other party is suspected of money laundering, it may lead to associated accounts being frozen. Inquire with the bank about the situation and submit the relevant materials as instructed.
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