Just heard about a crazy operation to cash out, not sure where it originated from, the trick is as follows -
Step one: The cryptocurrency dealer spends a bit of money to acquire a dead debt of 1 million - it's that kind of debt where the debtor has long been unable to repay, and the court can't recover anything from the final judgment cases;
Step two: Modify the debt relationship, change the original creditor to an ordinary retail investor, and directly change the new debtor to the cryptocurrency dealer themselves;
Step three: File a lawsuit in court;
Step four: The cryptocurrency dealer admits the debt, the two quickly mediate, and the court issues a legally binding mediation document;
Step five: Privately, the retail investor transfers USDT to the cryptocurrency dealer;
Step six: The cryptocurrency dealer transfers 1 million to the court's enforcement account, and the court disburses this money to the retail investor.
Incredible, I just want to ask, is there really a cryptocurrency dealer brave enough to play such a deadly game under the guise of the judicial system for money laundering???
This won't work, right? Debts can't be changed at will, and false litigation can also lead to prison.
If beginners really encounter this kind of rhetoric, be sure not to believe it. What money will the court give you, legitimately safe and not freeze your card? If they really trick your USDT, you won't even dare to call the police!

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