Many experienced cryptocurrency traders have gone through this terrifying moment—midnight phone calls, a strange message hitting straight to the heart.

"【Anti-Fraud Center】Your account is suspected of linked abnormal transactions. Please clarify the source of funds within 24 hours."

At that moment, your brain indeed gives a buzz, and your hands start trembling, fearing that your deposit account will be frozen in the next second.

Actually, we don't need to panic like that. As long as you understand the three questions that anti-fraud departments will repeatedly ask and know how to answer them, you can more safely mitigate the risk.

**The First Question: Is virtual currency trading illegal or not?**

Many people get nervous when they hear this question and rush to deny it. But the truth isn't that complicated.

The key is to understand this distinction—trading itself is legal, but the law doesn't guarantee your safety.

In other words, buying and selling coins is fine, but if you get scammed, transfer money incorrectly, or the project team runs away, the law won't help you recover the losses. It's like the rules in a casino—once you enter and things go wrong, you have to accept the loss.

Attitude is very important. Speak calmly, don't panic and deny everything, just tell them you're a normal investor, and clearly explain your investment logic and trading records.

**The Second Question: Why must I withdraw funds suspected of fraud?**

This one makes many people feel wronged, as if they are being fined. But that's not the case.

Withdrawing funds is a necessary step in the unfreezing process, and it doesn't mean you've committed a crime. The police are mainly concerned with whether you participated in fraud. The amount is usually negotiable, as each case is different.

My advice is to communicate honestly and organize all proof materials you can provide. The more cooperative and complete your documentation, the faster the unfreezing process. Conversely, resisting will only prolong the investigation period.

**The Third Question: Will not cooperating lead to a criminal record or freezing other cards?**

This is the most frequently asked question. First, check the level of involvement in your account:

- For level one involvement, the central bank will coordinate to freeze all your accounts, the broadest scope.
- For level two involvement, usually only one card is frozen, and other accounts continue to operate normally.

But it's important to understand that being frozen doesn't mean you have a criminal record. As long as you are not officially suspected and filed as a suspect, this record won't really "blacklist" you.

**Final words:**

In crypto trading, every transaction must have a clear source. Transfers from strangers, funds with unclear origins, no matter how tempting the returns, should be avoided. The hidden dangers behind the freedom in the gray areas are numerous. The real way to protect yourself isn't luck, but constant vigilance and awareness.