Use USDT to launder money for illegal products, and earn 5% every day?
Editor's Note: This article comes fromBlockchain Inspection Institute (ID: BlockMonitor), published with permission.
, published with permission.
Since the beginning of this year, let’s talk about the two most popular currencies: the first must be Bitcoin, and the halving process has attracted the attention of the entire currency circle.
In the second place, I am afraid that it is not the stable currency USDT. The media reported the news of USDT’s additional issuance every three days. In the past five months, the market value of USDT has increased by more than 50%, which is a proper “money printing machine” in the currency circle.
But today, Uncle Jian is not going to talk about USDT itself, but to expose a related scam - USDT running points.
Since the second half of 2019, various USDT benchmarking platforms have emerged one after another, with daily yields ranging from 4% to 10%. It is said that earning a thousand dollars a day is not a dream.
Ready to make a move in the face of amazing earnings?
Most people may not understand the magical routines.
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What is the traditional running score?
The "running score" we are talking about today is by no means a performance test for mobile phones and computers.
The so-called running points are actually lending your own payment account to transfer money for others.
Runfen platforms usually recruit users in the name of part-time jobs, claiming that as long as they provide bank cards, Alipay, and WeChat accounts, they can collect money or recharge for others, and do nothing else to make money easily.
The above two pictures give you a feeling.
In the eyes of many student parties, isn't game agent top-up a serious part-time job?
In the eyes of liars, these silly children are fat lambs waiting to be slaughtered. After all, they live in ivory towers and the online world, and often know nothing about the dangers of the real society.
Here, it is necessary for Uncle Jian to take a look at the true face of traditional running scores.
First, let's take a look at the specific process of users participating in running scores:
1. The user pays a deposit (such as 1,000 yuan) to the running score platform, and uploads the receiving account (such as the WeChat payment code)
2. The running points platform uses the user's collection account to collect other people's money, assuming that the collection is 1,000 yuan
3. When the user's collection account reaches 1,000 yuan, at the same time, the user's deposit on the benchmark platform is deducted 1,000 yuan
4. The user receives the corresponding commission
There are usually two calculation methods for commission: one is to settle according to the daily salary like ordinary part-time jobs. As mentioned earlier, it is about 80 to 150 yuan a day; the other is to settle according to 1% to 2% of the actual turnover. Why is there such a high commission?
The biggest question here is, whose money did the running sub-platform collect from the user's collection account?
The answer is all kinds of pyramid schemes, gambling, pornography, telecom fraud, illegal foreign exchange...
In fact, the running score platform acts as a funding channel for black production.
For example, if a gambler wants to play on a gambling website, the gambler's money actually flows into the user account of the running score platform first, and then the clean funds of the running score platform are recharged to the casino. In this way, once in and out, the operation of "money laundering" is completed.
The official attitude towards the running score is actually very clear.
During March 15 this year, the People's Bank of China issued a document stating that "running points" is a trap and illegal.
In addition, as early as February 28, 2019, the Tencent team had already prompted the illegality of running scores.
Later, as the risk control of WeChat and Alipay became more and more strict, the relevant running scores were severely cracked down.
But do you think it's over? No, there are also Pinduoduo benchmarks, Xianyu benchmarks, JD benchmarks, and Suning benchmarks popping up in the market... Uncle Jian doesn’t know if they should be praised for their aggressiveness and innovation.
In short, the risk of participating in score running is more than simply restricting transactions and freezing accounts. These running scores are money laundering in disguise, and money laundering directly involves criminal cases, which is illegal!
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What is the USDT running score?
During the period from 2018 to 2019, the traditional running score developed rapidly, while the USDT running score rose in the second half of 2019.
In terms of the specific process, the USDT running score is no different from the traditional running score mentioned above. It’s just that the original RMB margin was replaced with the stable currency USDT, and the original Alipay and WeChat payment addresses were replaced with USDT payment addresses of exchanges such as Huobi and Binance.
But it is worth noting that the commission for USDT running points is also quite exaggerated.
For example, Uncle Jian learned about the following two projects:
GLpay has a commission rate of 0.8%-1.5% for each order, and can recharge 4-8 times a day, so the daily rate of return is 3.2%-12%
U payment The commission rate of the lowest level is 0.9% (the highest is unknown), and it can be cycled 4-6 times a day, so the daily rate of return is 3.6% ~ 5.4%
These two projects also have one thing in common, that is, the personal commission ratio is directly linked to the team's trading volume. The larger the team's overall trading volume, the higher the commission ratio. Did you smell a familiar smell?
And there is an invisible rule here - the team leader can adjust the commission ratio of team members. For example, the team you joined has obviously reached the commission level of 1.5%, but the team leader can still set your commission ratio to 1%, and the 0.5% interest rate difference will naturally flow into the team leader's pocket.
In short, no matter whether the project party adopts secret rubbing or blatant profit incentives, its essence is to crazily pull people's heads.
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The essence of USDT running score
The USDT running score is usually compared with the traditional running score in publicity, and it is claimed that the funds using the USDT running score will never be frozen
Looking back at the USDT benchmarking process we mentioned earlier, during the user participation process, USDT enters USDT and USDT exits, and does not involve legal currency at all, so the police cannot directly freeze it, which is true.
But have you ever thought about another question, the essence of the traditional running score is to help the black industry "money laundering", so the essence of the USDT running score is to help the black industry "launder USDT"?
First of all, USDT is a digital currency, which is not subject to the supervision of our country's banking system. How can it be "washed"? It is meaningless for USDT to pass through the benchmarking platform.
Will black friends be so stupid as to spend a lot of money on a meaningless thing?
Or let's take a step back and assume that we are really stupid enough to launder USDT (of course we know this is impossible), and traditional running points borrow Alipay and WeChat accounts to collect money. This account is valuable because it requires at least real-name authentication In order to transfer money, and to bear the risk of the account being frozen.
The USDT running points borrow your USDT receiving address to collect coins, but is your USDT receiving address valuable?
Registering an exchange account only requires a mobile phone number, and the exchange only requires real-name authentication for fiat currency transactions, and only uses functions such as transfer, currency transactions, and contract transactions that do not require real-name authentication at all.
To put it bluntly, the USDT address is worthless, the USDT address of the wallet is created at zero cost, and the cost of owning an exchange USDT address is equivalent to the cost of a mobile phone number, which is almost zero cost.
Is it really a brain wata to spend a lot of money to use your address?
Seeing this, you should understand that there is no so-called upstream black production in the USDT running score.
So who will pay for the high yield? Only latecomers can take over. This is why we mentioned earlier that the USDT running score needs to be crazy to pull people's heads.
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Jianshu summary
Jianshu summary
Finally, Uncle Jian summed up the two knowledge points today, all of which are required to be tested!
1. The purpose of the traditional running score is to help the upstream black industry to launder money. The risk is to freeze the account, and it is illegal
2. The purpose of USDT benchmarking is only one, taking away your deposit is a proper fund
To be honest, many scams are designed to deceive laymen who don’t understand, while USDT running points are players who fall in love with their own people and specialize in harvesting traditional running points.
Because this group does not understand the basic knowledge of the blockchain, it is easy to be blinded by past experience and mistakenly regard the USDT running score as an upgraded version of the traditional running score, and cannot see the essential difference.
In short, Uncle Jian advises everyone to always keep an eye on any high returns.
