4.15 National Security Education Day for All: Prevent the risk of money laundering from online part-time job "running points"

At present, the emergence of the Internet has brought us a lot of convenience, but it inevitably also brings a lot of network security threats. Especially in recent years, emerging technologies such as blockchain have continued to develop, and some new types of network security threats have also begun to emerge around this technology. This requires relevant entities to continuously improve their own security risk control, and at the same time, it also puts forward certain requirements for our personal network security awareness.

Huobi SkyEye actively responded to the Sixth National Security Education Day on April 15, 2021, to publicize blockchain security knowledge, and to popularize online part-time jobs for the general public—digital currency "running points" money laundering risk.

Earn 2,000 yuan a day by running points——Online part-time job in a criminal "cloak"

"You only need to pay a minimum deposit of 200 yuan, and you can participate in order grabbing. You can get a commission of up to 2%, and you can earn 2,000 yuan a day..." This type of advertisement is often seen on various social media platforms, but in this so-called "running score" "Behind the online part-time jobs are money laundering crimes.

LINK's 24-hour net outflow of funds is 1.416 billion yuan: Jinse Finance monitoring data shows that the top three 24-hour net fund outflows in the cryptocurrency market are [2021/4/26 20:57:52]

At the beginning of 2019, a project that used WX payment, ZFB, etc. to "run points" became popular on the Internet. In the name of "online part-time jobs", these running sub-platforms advertise that they can make a steady profit of 2,000 yuan a day, and take advantage of the greedy profit psychology of some people with weak risk awareness to induce them to rent or lend their personal payment codes and bank cards. Internet black and gray industries such as wire fraud provide money laundering channels.

At this stage, the money laundering crime of running points has formed a closed-loop path of fund flow of "consumer users-platform members-running platform-running demand side". Moreover, with the development of blockchain technology and the cryptocurrency market, this "running score" model has also begun to mutate—that is, the USDT digital currency running score.

The current total contract positions of the entire network of BTC is 3.411 billion U.S. dollars, a decrease of 15 million U.S. dollars in 24 hours: According to the position report of the contract emperor, the current total contract positions of the entire network is 3.411 billion U.S. dollars, a decrease of 15 million U.S. dollars in 24 hours. Among them, the Huobi contract was US$719 million, an increase of 1.76% in 24 hours; the OKEx contract was US$854 million, a decrease of 0.14% in 24 hours; the BitMEX contract was US$500 million, an increase of 0.14% in 24 hours; the Binance contract was US$722 million, a decrease of 4.13% in 24 hours; The Bybit contract was $614 million, a decrease of 4.13% in 24 hours. [2020/12/12 15:00:47]

Different from the traditional running score, under the USDT running score mode, the running score platform generally tricks "part-timers" to buy USDT through major platforms and over-the-counter transactions, and then recharges it to the running score platform as a deposit, and at the same time provides personal collection Way. After that, the running sub platform will operate in a mode similar to online car-hailing "order grabbing", using QR codes or bank accounts provided by "part-timers" to help upstream criminals collect illegal funds, so as to achieve the purpose of transferring stolen money and evading supervision.

BTC breaks through the $15,700 mark with an intraday increase of 4.17%: data from Huobi Global Station shows that BTC has risen in the short term, breaking through the $15,700 mark, and is now trading at $15,705.49, an intraday increase of 4.17%. The market fluctuates greatly, so please do a good job in risk control. [2020/11/6 11:52:59]

It is worth noting that the essence of some running sub-platforms is not much different from traditional capital markets. They usually set a higher invitation rebate ratio to attract "part-timers" to spread new ideas spontaneously. And when the number of participants reaches a certain scale and the deposit for recharging is high enough, this type of scoring platform will often choose to run away directly.

The Harm of Digital Currency “Running Score”——Information Leakage and Suspected Money Laundering

2404.18 BTC was recharged from unknown wallet to Binance exchange: According to Chain.info monitoring, 2404.18 BTC was recharged from unknown wallet to Binance exchange address (multi) at 06:36 on June 06, and the transaction hash was 72fab46f68836426e9eda1d9f3c1291c584b2d9e49976c70d9904b44cc5. [2020/6/6]

Many "running points" platforms require detailed personal information registration, including bank card account numbers, email addresses, ID cards, mobile phone numbers, etc. Once these personal information are collected and used by criminals, the consequences will be disastrous. For example, those who participate in online part-time job "running points" may face continuous sales calls, scam calls, spam and other telecommunications harassment, and may also lead to theft of personal account passwords, and even counterfeit identities for loans.

Secondly, the payment codes of part-time staff on the running sub-platform are basically used in illegal and criminal activities such as telecom fraud and online gambling, which is actually supporting money laundering activities in disguise. Many uninformed members participate in such "part-time jobs". While bearing the risk of economic loss, they may also need to bear corresponding legal responsibilities.

According to the Criminal Law’s standards for filing a “money laundering crime,” “providing a fund account” for money laundering will be prosecuted, and the maximum penalty is “a fixed-term imprisonment of not less than five years but not more than ten years, and a fine of 5% to 20% of the amount of money laundered. For users who rent, lend, sell, or purchase bank accounts or payment accounts identified by the public security, banks and payment institutions will suspend all non-counter business of their bank accounts and payment accounts within 5 years, and shall not open new accounts for them within 3 years.

Huobi SkyEye reminds to prevent the risk of money laundering from online part-time job "running points"

As the subject of anti-money laundering obligations, Huobi is committed to protecting users and cracking down on upstream crimes of money laundering. On the basis of continuously improving the anti-money laundering risk control of the platform, Huobi actively connects with the police around the world, and has cracked down on many digital currency crimes in the field of anti-money laundering.

In 2019, Ms. Zhang from Yibin District, Luoyang, Henan suffered from telecom fraud, involving a total amount of 180,000 yuan. The fraud suspects need to launder money after they succeed, but they changed the traditional traditional telecom fraud method of "using multi-level cards to launder money and withdrawing cash from ATMs separately". Buy digital currencies such as Bitcoin and seek ways to sell Bitcoin again to "launder" fraudulent funds in disguise.

At that time, the funds involved in the case flowed into multiple exchanges, but with the assistance of Huobi and other related technology companies, the money laundering case was successfully solved. On July 4, 2019, CCTV's "Rule of Law Online" column also specifically reported on this case.

Here, Huobi SkyEye also reminds the general public that participating in the "running score" not only violates relevant national laws and regulations, but also seriously affects the safe use of user accounts, infringes on users' legitimate rights and interests, and brings deposit fraud and information leakage to users. , Money laundering for illegal activities and other major risks. Do not lend the collection code to others at will, and do not easily be tempted by the unrealistic high profits on the Internet to participate in illegal and criminal activities such as money laundering, so as to avoid property losses and legal liabilities.

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