#数字资产动态追踪 The day the police station phone call came in, I truly understood a principle: the crypto asset space is not illegal, but it’s definitely not outside the law.

Last year, a friend who listens to my live streams called me at 2 a.m., voice trembling: "Brother, the police station called me in, saying my account received suspicious funds." He almost cried as he asked, "Am I going to jail?"

I only said one thing at the time: "Stay calm, cooperating with an investigation doesn’t mean you’re guilty."

Over the years, I’ve seen too many people’s mental state collapse from the fear that "virtual currencies are illegal." But the truth isn’t that absolute: the government has never said that trading virtual currencies is illegal, but they’ve made it very clear—your assets are not protected, and you bear all the risks. It’s like "walking on the street isn’t illegal, but if you fall, no one will help you"—not breaking the law doesn’t mean you can ignore the rules.

Later, the police asked him: "Why did you refund the money? Are you involved in money laundering?" I told him how to answer: "I’m willing to cooperate and negotiate a refund, but that doesn’t mean I’m admitting guilt." Many times, refunding isn’t about admitting fault, but about buying time to unfreeze the account. The money being refunded is more about time than cash. Many people happen to die because of misunderstandings about this.

Some people are afraid that "not cooperating will leave a criminal record." I’ve seen plenty of such rumors. Honestly, as long as you can prove you’re not the real suspect, actively cooperate with the investigation, the police generally won’t leave a record, nor will they freeze all your cards. The real trouble is with primary involved accounts—once the central bank issues a notice, the entire account system is locked down, and even savings cards can’t be used. Secondary accounts aren’t as severe; once suspicion is cleared, they can usually be resolved.

This space is inherently high-risk. Too many people haven’t even learned to read K-line charts before being harshly educated by reality. Don’t think that just because you haven’t touched dirty money, you can be carefree—funds often circulate through second, third, or even more hands, and you can’t trace the source at all.

My advice is simple: don’t touch money whose source you don’t understand, and stop any gains that come too quickly. Those extra profits aren’t that impressive; safety is the foundation of everything.

Having been in this space for eight years, I’ve seen those who get rich overnight, and those who get taken away. The ones who survive are not the ones who earn the most, but those who stay clear-headed, know how to avoid pitfalls, and keep their bottom line intact. The lights are on—are you coming or not?