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A short-selling report about the US stock marketing platform has sparked quite a bit of discussion. The report exposed a fairly complete chain of criminal activity:
Let's start with the first link. A certain group used multiple shell companies to open accounts on the platform. The funds behind these accounts actually came from scams—specifically, black money obtained through crypto "pig butchering" scams. Sounds pretty rampant.
Looking at the second link, it gets even more outrageous. The group then directly approached the platform, ostensibly to purchase large advertising services and run ads for gambling applications, but in reality, it was a disguised form of money laundering. In other words, they converted crypto assets obtained from scams into legitimate business transaction records through advertising campaigns on this platform.
This incident exposes a sharp issue: when dirty scam money from crypto flows into the traditional business ecosystem, are the platform's review mechanisms truly effective? For Web3 investors, this is also a reminder—the flow of scam funds is often more covert than expected.
Traditional platforms simply can't prevent it; reviews are just a formality.
Pig-butchering scams laundering black money as marketing expenses—ridiculous.
That's why you need to hold your own assets; don't trust any intermediaries.
The review process on US stock platforms is so slow, how can it be like this?
The money laundering chain is so complete, did the platform really not notice?
So this is how dirty money flows into mainstream finance, learned something new.
This kind of thing will eventually blow up; retail investors caught in the crossfire are in for a tough time.
Huh? Even advertising campaigns can become tools for money laundering—really creative.
Money laundering across chains for scam funds, Web3 risks are truly beyond imagination.
This is why DYOR is so important; the source of funds can't be traced at all.
The combination of traditional platforms and the crypto world has become a crime paradise, unbelievable.
Is compliance review just a facade? It's so blatant.
Damn, this set of techniques is so clever, using advertising to cover up money laundering is truly top-notch.
So, when trading, you really need to be cautious about the counterparty's identity.
I feel like cases like this will become more and more common; AML detection is practically useless.
This chain is truly incredible, offering a one-stop service from scam to money laundering.
Web3 is really frustrating in this regard, with too many hidden channels for dirty money to flow.
It seems I need to be more cautious; scam funds are way more cunning than I thought.
Shouldn't the platform's review mechanism be improved?
This scheme is indeed brilliant—turning dirty money into clean money is that simple.
Pig-butchering scams can still smoothly infiltrate the scene, it's outrageous.
This scheme is outrageous, switching directly from pig-butchering scams to advertising, and the money gets cleaned so easily?
What about compliance review? Isn't this just showing us how big the loopholes are in traditional finance?
The flow of scam black money is so covert, how are we small investors supposed to defend ourselves?
It's both crypto and money laundering. This platform has been operating for so many years without being caught, it's incredible.
Fraudulent black money → shell accounts → advertising campaigns → legitimate records, platform review is just a formality
That's why I always say don't trust those places claiming to be "regular army," dirty money has long been infiltrated
The step of advertising placement for gambling is brilliant, who would have thought that the advertising fees are all blood money from scam schemes
Traditional platforms' risk control is really poor at dealing with this kind of multi-layered nested gameplay
It seems I need to be more careful, dirty money is more active than we imagined
Fraudulent funds are so easily turned clean; luckily someone uncovered it.
So, traditional platforms simply can't prevent crypto black money; they are too good at exploiting loopholes.
This chain is interconnected, no wonder Web3 carries such high risks.
If platforms really want to regulate, it's not difficult; it all depends on whether they want to or not.
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Money laundering from scam schemes turned into advertising expenses? I’ve been wondering why those gambling ads are so rampant.
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So our KYC review is just this level? LOL
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These people treat Web3 as an ATM, outrageous.
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Is the review mechanism effective? Are you kidding me?
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Again, money laundering and whitewashing... The tricks in the crypto world are truly endless.
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Did the platform really not notice? Or are they selectively ignoring it?
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I just want to ask how this platform responds. Don’t tell me it’s all about system detection.
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With such covert flows of scam funds, what can we small investors do to protect ourselves?
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Looks like I need to be more cautious. Who knows who my trading counterpart is.