Retail investors selling U must see: 4 core key points that determine the final outcome
Many retail investors selling U panic and fear after being frozen or summoned, completely unable to grasp the key points of response. In fact, the severity of the consequences related to selling U hinges on these 4 points; clarifying thoughts can maximize self-protection.
1. Whether there is “knowledge” is the core of conviction
Selling U easily touches on aiding and abetting crimes, concealing and hiding criminal proceeds, and illegal business operations. Without evidence proving that you knew the payments were illegal proceeds, it is difficult to secure a conviction.
Retail investors' normal investments and compliant trades are unlikely to be recognized by judicial authorities as “knowledge”; the probability of insufficient evidence leading to no arrest is high.
You need to prepare evidence of “lack of knowledge”: keeping transaction records formal, prices aligning with the market, normal real-name transactions, and staying away from fraudulent or gambling-related activities, etc.
Response principle: do not deny the transaction, firmly emphasize that you are a normal cryptocurrency investor, completely unaware that the money was criminal proceeds.
2. The amount involved and profits directly affect sentencing
Amount involved = amount received from selling U - amount from legal transactions; the flow of selling U does not equal the total amount involved.
Key operation: proactively exclude unrelated legitimate flows, provide chat and transfer records of exchanges with friends and normal business cooperation, and separate non-involved amounts to directly reduce the basis for involvement.
3. Positive attitude + restitution is key to mitigation
The core demand of judicial authorities is to recover losses for victims; actively returning illicit gains and cooperating with investigations can demonstrate remorse, leading to significantly lighter sentencing, which is also the core operation for unlocking accounts.
This is the only chip that retail investors can control autonomously, and it should be executed with careful consideration.
4. The number of transactions is an important determining factor
The argument of “lack of knowledge” is more credible for a single instance of involvement, while claiming ignorance in multiple instances is almost impossible to be accepted.
This is also why professional coin traders only conduct single transactions, avoiding frequent, multiple counterparties, and large transactions; withdrawing funds as needed is safer.
The jungle rules of Web3, independent thinking, and maintaining the bottom line are the long-term solutions.