The Supreme People's Procuratorate just announced a case where three post-95s used USDT to help people exchange currencies, making 30 million over a few months, and all of it went into the system. The main culprit was sentenced to five years.

This legal precedent sends a strong signal:

Using USDT/Bitcoin for cross-border exchanges is a clear red line domestically, no matter how “safe” you think it is.

Once caught, abnormal bank transaction flows are evidence, and on-chain records cannot be hidden.

Not only the organizers are in trouble, but also those who provide bank cards to help receive money (like the third young man in the case) are considered co-conspirators.

For ordinary users, remember: buying and selling coins on platforms is completely different from this kind of “exchange” business. Never participate in schemes promising “arbitrage trading,” “cross-border remittance,” or lend your bank card to others for these transactions.

C2C also needs to be with reliable partners (recently, U-shops have become less feasible).

There are many ways to make money, but crossing the red line has too high a cost.