Will the withdrawal of Ouyi be blocked?

Withdrawing money from Ouyi to your bank card may be frozen. Now selling Bitcoin may result in your account being frozen. There are two main types of freezes, bank freezes and judicial freezes.

Withdrawing money from Ouyi to bank cards may be frozen. Now selling Bitcoin may have your account frozen. There are two main types of freezes. Types, bank freeze and judicial freeze.

The first type: bank freeze

There are two main types of bank freeze:

Banks in some countries and regions do not Bank accounts are allowed to participate in digital asset transactions (for example, because BTC, ETH, USDT, etc. are noted during transfers, the bank's risk control system detects them), so when an account involves digital asset transactions, the bank will freeze or suspend some transactions. Permissions;

It may also be that the behavior of this account triggered the bank's anti-money laundering system (such as large transfers late at night, frequent transactions with multiple people, no balance in the card for a long time, etc.).

Generally speaking, banks will not freeze bank cards directly, but will only restrict your non-counter business or "pay only but not collect", which means suspending some of your transaction permissions.

The second type: judicial freezing

The logic of judicial freezing varies according to the judicial procedures of each country. But they are generally similar.

After the victim was defrauded, he reported the case to the police. The police froze all the bank accounts on the relevant funds line based on the bank account through which the victim's money passed. For example, the victim's money was transferred to bank account A, and A was transferred to bank account B, and B was transferred to bank account C, and then extended to D, E, and F; then it is possible that A, B, C, D, E, and F will all be frozen, but B, C, D, E, and F may not know the source of the funds.

Freeze, generally it will not be frozen immediately after you receive the problematic funds. You may be frozen due to transactions from 1 month ago. But generally speaking, it is because a transaction a few days ago was frozen.

The second type shows freezing for half a year. Generally speaking, if you have directly received the problematic funds, or are relatively close to the source of the problematic funds, your funds may be frozen for half a year. Of course, due to the different handling methods of various local judicial organs, some areas simply freeze the case for half a year.

You can prevent your card from being blocked by the following methods

(1) No information is required when transferring money.

(2) Avoid using sensitive words such as "prevent card freezing" and "fund filtering". You can use "prevent receipt of dirty money", "prevent contact with problematic funds", etc.

(3) Do not use commonly used bank cards or salary cards to avoid being frozen and affecting your life.

(4) Try to avoid large transfers late at night, frequent transactions with multiple people, bank cards with no balance for a long time, etc.

(5) Because you are trading on the platform, but the funds do not pass through the platform, in order to prevent your funds from coming into contact with illegal funds, it is recommended that you set your counterparty conditions when issuing an order, and set the threshold It is higher. In addition, the other party is required to use his or her real-name account for payment during the transaction.

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