#加密ETF十月决战 The chaos in the crypto world is well known, with various tricks and traps hidden within. Today, I will share a few real cases to reveal an interesting phenomenon: in this arena, even the fraudsters can become prey to another fraudster.

The first scenario is reverse fraud targeting money launderers. Some traders specifically use funds of unknown origin to purchase digital currencies like USDT, resulting in the seller's bank account being frozen. However, more cunning players will disguise themselves as ordinary buyers to engage with these money launderers. During the transaction, once the digital assets are in hand, these fake buyers immediately go offline and no longer make the payment. Due to the illegal source of funds for money launderers themselves, they cannot seek help from law enforcement and can only silently bear the losses.

The second case is even more dramatic. A hacker successfully infiltrated the Poly Network platform and stole assets worth over $600 million, even leaving a smug message to taunt. However, major exchanges quickly joined forces to block the address used by the hacker to receive funds, and even the stolen USDT was frozen and could not be used. In the end, the hacker found himself in a desperate situation, forced to return all the stolen money, and even tried to portray himself as a so-called "white hat hacker," claiming it was just a goodwill security test.

The third example involves infighting among fraudulent exchanges. Some small exchanges are set up for scams, planning to take away user assets and then disappear, disguising it as a hacking incident. Ironically, when these individuals are ready to divide the spoils, internal disputes arise due to unequal distribution of interests. One member feels unjustly treated and angrily reports to the police, leading to the entire team being captured by law enforcement, with all illegal gains confiscated.

The last scenario is the tragic fate of bank card sellers. Some young people, in pursuit of quick profits, sell their personal bank cards for use by money laundering organizations. They naively believe they can easily receive compensation, unaware that the money laundering gangs will completely disappear after using these bank cards to withdraw funds, and will not pay the promised fees at all.

In the complex environment of the crypto world, there are no wise individuals who are forever invincible, only participants with more ruthless means. Today you deceive others, and tomorrow you may become the victim of an even more sophisticated scam. Those who think they can take advantage and profit often find that they are the biggest losers.