Made a billion in the crypto world. If I withdraw, will the bank ask about the source of the money?

If you sell a lot of USDT every day without withdrawing, and it reaches 5 million, the bank will call you and visit your home, asking you to buy wealth management, trusts, and insurance, and to apply for a VIP gold card.

If you sell USDT on a platform, you will definitely encounter black money. Level 3 black money is not too much; it can be frozen for 3 days. However, if you have so much in your account, it is likely to be frozen for half a year.

If you are dealing with Level 2 black money, it may be frozen for 6 months or even confiscated. If the amount is not too much, you might compensate 10%. That could resolve the issue. If it's too much, you might end up in a situation where you can't go online for 5 years; you can't open accounts or take loans.

If you buy USDT at a very low price, or sell USDT at a particularly high price, with the market price at 7 yuan and you selling at 7.5 yuan, then you are knowingly involved, which is a crime. That would be terrible. So don’t be greedy for cheap USDT or sell it at particularly high prices. If you receive Level 1 black money, there’s nothing more to say; it’s a minimum of three years. The charge will definitely be concealing criminal proceeds. If you are selling USDT, absolutely avoid platforms. Take my advice: be cautious, as being careful can save you from future troubles. Do not go to platforms, nor seek USDT vendors, and definitely do not engage in offline cash transactions. The cash transaction could involve significant black money, and your personal safety could be at risk. Don’t put yourself in a dangerous situation.

You made money, and I will tell you how to cash out. Find someone you know well to help you cash out. Verify the funds; don’t take in or out too much flow that exceeds 3 days. Normal living card transactions are fine.

You don’t need to sell all your earnings of a billion at once. Sell slowly, for example, if you cash out 10 million, you can use Alipay slowly, cashing out about 200,000 every day. There’s no need to rush. Rushing to sell can lead to problems. If you can avoid using a bank card, do so.

If you sell in small amounts, the bank generally won’t ask questions. However, if your card receives a lot of money every day, it is likely to be flagged by the system, so you will need to go to the counter to withdraw.

There’s no way around this. It’s all to prevent telecom fraud and to stop your card from being used by others. If your background is clean, with no involvement in drugs or organized crime, and you are making money from selling crypto, and the money is clean, the bank won’t ask many questions. You can rest assured.

But if you have any history, they will investigate thoroughly.