There are reports that the investigation into money laundering and cases involving illicit funds is being expanded @@
Fraudulent trading, drug smuggling, dirty money, money laundering, and so on will often be conducted through
$USDT
.
Unfortunately, if you get caught up in a P2P transaction where the other party's source of funds is unclear or somehow suspicious, the entire chain of related accounts could be affected.
What to do:
- Go to your bank and ask for information about the temporary account freeze.
- Then report it to the nearest local authorities and police. Be honest when you make your statement, and the account should be unfrozen.
There are currently no laws in place governing crypto assets, so we're still in a gray area. This means that participating in transactions or buying and selling crypto assets (USDT is also a type of crypto asset) is not currently against the law.
As for P2P on #Binance , it's best to choose reputable merchants (with lots of transactions and reviews, etc.) as they'll be less risky than new merchants.
Just make sure the transaction details are correct—the name, description, amount, and so on—and everything should be fine.
Crypto always carries risks, so if your bank account gets frozen, just follow the steps I mentioned above.
Fraudulent trading, drug smuggling, dirty money, money laundering, and so on will often be conducted through
$USDT
.
Unfortunately, if you get caught up in a P2P transaction where the other party's source of funds is unclear or somehow suspicious, the entire chain of related accounts could be affected.
What to do:
- Go to your bank and ask for information about the temporary account freeze.
- Then report it to the nearest local authorities and police. Be honest when you make your statement, and the account should be unfrozen.
There are currently no laws in place governing crypto assets, so we're still in a gray area. This means that participating in transactions or buying and selling crypto assets (USDT is also a type of crypto asset) is not currently against the law.
As for P2P on #Binance , it's best to choose reputable merchants (with lots of transactions and reviews, etc.) as they'll be less risky than new merchants.
Just make sure the transaction details are correct—the name, description, amount, and so on—and everything should be fine.
Crypto always carries risks, so if your bank account gets frozen, just follow the steps I mentioned above.
