2025-11-28 12:25:06

Years ago, there was an internet entrepreneur who, back in 2012, used 100,000 to acquire 1,000 Bitcoins. At that time, the price of coins was still in the hundreds, and most people didn't understand this thing at all. He later transitioned to OTC Trading, helping people with large transactions of Crypto Assets. Unexpectedly, the OTC business turned out to be too deep — the flow of funds involved touched the regulatory red line, and in the end, he ended up getting caught.

This matter serves as a wake-up call for those in the industry: early accumulation of coins was a matter of luck, but crossing legal boundaries is a different story. Crypto assets trading must go through compliant channels; don't think that OTC Trading can avoid risks, as it may instead backfire and put you in jeopardy.

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ApeDegen

· 12-01 11:59

100k sweeping a thousand coins? Back then it was really a layup, but it all fell apart once OTC trading kicked in. OTC trading is just a pit, don’t think you can get away with it. Compliance is the way to go, otherwise you won’t even know how you died. Hoarding coins in the early days relied on luck, while doing OTC trading in later stages is like committing suicide. This guy has given everyone a legal lesson, a bit pricey though. It seems that in the crypto world, you still have to play by the rules, otherwise you’ll really get into trouble. I feel like many people haven’t realized this yet and are still playing OTC... The dream of turning 100k into a million ends up waking up at the police station. Not every way of making money can be used, especially in the encryption space. Rules must be followed, otherwise no matter how many coins you have, it’s all in vain.

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zkProofInThePudding

· 12-01 00:27

In 2012, buying coins with a hundred yuan was already a win, but in the end, I insisted on playing the trap outside, which is really too greedy.

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memecoin_therapy

· 11-28 12:54

Early buy the dip is a blessing, causing trouble outside the market is looking for death, bro.

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LiquidatedDreams

· 11-28 12:43

Damn, how much is a hundred thousand worth now... But this guy is really playing with fire. OTC Trading is like gambling with your life, compliance is not just for show. The earlier you stock up, the better; if you touch the legal line too late, it's all over. This lesson is too bloody. The compliance channel is right there, but they insist on taking the wild route... They deserve it. I said, those who make quick money end up inside.

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BrokeBeans

· 11-28 12:30

Early buying the dip is indeed nice, but don't be greedy with OTC Trading, that's just jumping into the pit yourself. --- One hundred thousand for a thousand coins? Looking back now feels so painful... unfortunately, I couldn't hold on. --- OTC Trading is really too risky, once the compliance net is pulled, it's all over, is it worth it? --- To put it bluntly, it's still greed; if you have coins, they should be in a Cold Wallet lying flat, insisting on being a trader is just asking for it. --- This guy really has run out of luck, making quick money and finally getting fast sanctions, laugh. --- So, compliance trading may cost some fees, but at least it's reassuring, don't save that little money. --- One hundred thousand in 2012... now that thousand coins are worth how much, don't even mention it, let alone OTC Trading.

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