Police Call to Inquire About Electronic Currency Transactions: Staying Calm or Panicking Decides Everything

“Hello, I am calling from the police department…” Just hearing this phrase, even someone who has been in the crypto market for many years can't help but be startled. But the reality shows: panic is the biggest mistake, because just saying one wrong thing can turn a normal transaction into a serious problem. If one day you find yourself in this situation, remember the following principles well.

1. Clear Understanding: Manual Crypto Transactions Are Illegal The first thing to engrave in your mind: 👉 The buying, selling, and exchanging of cryptocurrency between individuals is not automatically an illegal act. When the police ask about the legality of the transaction, you can completely respond calmly and clearly: “I am just an ordinary cryptocurrency trader. All transactions are conducted on the platform/between individuals. I do not engage in any fraudulent or illegal activities.” The key lies in the source of the flow of funds. If the money has illegal origins ( fraud, money laundering… ), the user or beneficiary may be held liable. But if you are just an intermediary trader, unaware of and not participating in illegal activities, then the nature of the case is completely different. A calm attitude and understanding of the law will help you be in a proactive position.
2. When Requesting a Refund: Absolutely Do Not Rush A very common situation is: 🔹 The police announced that the amount of money you received has signs related to another case and requested a refund. At this moment, do not react emotionally, and do not argue fiercely. The correct way to handle it is: “I am ready to cooperate to clarify the matter. I hope to be guided on the appropriate handling according to regulations.” After that: Proactively provide transaction history, transfer screenshots, wallet information, exchange, transaction time. The reality is that the earlier the cooperation, the smaller the scope of influence. Conversely, if one deliberately delays or avoids, a small issue can escalate into a larger problem, potentially involving many other bank accounts.
3. Clearly Distinguish Between Two Important Cases This is a critical point that many people do not fully understand: 🔴 Case 1: Identified as a person directly involved in the criminal act All bank accounts and e-wallets may be frozen. The processing is lengthy and complicated. 🟢 Case 2: Just a normal transaction, accidentally receiving “dirty” money Typically, only the receiving account is temporarily frozen. After clarification, other accounts are not affected. The most important thing: 👉 Coordinated investigation will not leave a record of the case. 👉 Not cooperating will change the nature of the case. Many people make things difficult for themselves simply because of the mindset of “being too scared to speak up.”
4. Risk Prevention: Three Mandatory Checks Before Trading Crypto is not like buying a bunch of vegetables at the market. Every transaction involves real money and real legal risks. Always remember the “Three Checks” principle: ✅ Check partners: prioritize those who have verified their identity and have a clear transaction history ✅ Check cash flow: limit receiving money through vague intermediaries with unclear sources ✅ Check wallet/account addresses: avoid addresses that have previously been flagged for fraud In this market, surviving long-term is more important than making quick money. Conclusion: Calmness – Understanding the Law – Cooperation Are the Three Biggest Shields The police calling does not mean that you are wrong. But mishandling is the reason why many people fall into a spiral of trouble from ordinary transactions. Remember: No panic, no nonsense, no emotional confrontation. Crypto is a long-term game. Protecting your money and legal safety gives you the opportunity to move forward. 📌 Follow for more real-life sharing to help you play crypto safely and sustainably in a volatile market.