🚨Anti-Money Laundering Law has been revised, users holding a large amount of U should be cautious!
Users currently holding a large amount of U need to be careful. This year, the Anti-Money Laundering Law has been revised, specifically mentioning virtual currencies, especially USDT. USDT not only has characteristics of decentralization, profitability, and disregarding regional settlement like virtual currencies but also maintains a 1:1 stability with the US dollar. These features make it the preferred settlement tool for criminals. However, cashing out U coins to a bank card is unsafe and illegal, posing multiple risks.
Firstly, this action violates our country's legal regulations and is considered illegal financial activity, which may lead to fines, asset confiscation, or even criminal liability. Secondly, it may trigger the bank's anti-money laundering monitoring mechanism, resulting in the freezing of the bank card or requiring proof of the source of funds. In addition, services involving overseas virtual currency exchanges are also considered illegal financial activities, and the responsible individuals will be held legally accountable.
Moreover, there are also technical and operational risks. Users may suffer asset losses due to operational errors or forgotten passwords.
Therefore, it is recommended that friends strictly comply with laws and regulations, enhance risk awareness, and protect their legitimate rights and interests.
In other news, there has been a recent pullback in the secondary market, which may be a good opportunity to invest in altcoins. Meanwhile, the primary market has not officially launched. The dean has been paying attention to the Elon Musk concept, believing that the puppies project on the Ethereum chain has great potential and is worth following. #BTC投资案未获微软股东同意 $XRP