1, bank freeze:

There are two main types of bank freezing:

Banks in some countries and regions do not allow bank accounts to participate in digital asset transactions (for example, the bank's risk control system monitors them because of BTC, ETH, USDT, etc. Note in the transfer process), so when an account involves digital asset transactions, it will be frozen or suspended by the bank.

It is also possible that the behavior of this account triggered the bank's anti-money laundering system (for example, a large amount of money was transferred in the middle of the night, many people were in day trading, and the balance in the card was insufficient for a long time).

Generally speaking, banks will not directly freeze bank cards, but will only restrict your non-counter business or "only accept and not pay", that is, suspend some of your trading rights.

How to deal with this situation:

Contact the bank directly and provide your relevant information according to the requirements of the bank (generally explain the reasons for the exchange of funds). ?

How to prevent this:

First of all, when dealing with buyers, remind them not to comment on sensitive words, such as USDT and BTC.

Second, don't just use one bank card, you can prepare several more and change them later.

2. Judicial freezing:

According to the judicial procedures of different countries, the logic of judicial freezing is different. But it's all the same.

After the victim was cheated, he reported the case to the police. According to the bank account where the victim's money passed, the police frozen all the bank accounts on the relevant fund line. For example, the victim's money was transferred to bank account A, to bank account B, to bank account C, and later extended to D, E and F;

Then it is possible that A, B, C, D, E and F are all frozen, and B, C, D, E and F may not know the source of this fund.

Generally speaking, the freeze will not be frozen immediately after receiving the relevant funds. It may be because the transaction was frozen 1 month ago. But in general, it is because of a transaction that was frozen a few days ago.

How to deal with this situation:

If the bank card is frozen by the judicial authorities, you need to check how long and where it is frozen through the bank or the bank telephone hotline. These two pieces of information are very important and will definitely be displayed in the background of the bank. It is best to get these two pieces of information.

Most judicial freezes are only temporary, just to cooperate with the police investigation, and will be automatically thawed within two or three working days. This kind does not need to be taken care of, and it will automatically thaw when it expires.

But we should also pay attention to transfer the money when it expires, because there may be victims in more than one place in this implicated case, so it may be frozen in more than one place and may be frozen again in the future. In addition, these 48 or 72 hours will not be thawed on time, and some will be delayed for several hours or even half a day.

Second, the display is frozen for half a year. Generally speaking, the funds involved are directly received, or close to the source of the funds involved, and may be frozen for half a year. Of course, due to the different handling methods of judicial organs in different places, some areas are directly frozen for half a year.

How to deal with this situation:

Contact the local police as soon as possible and ask the police to provide information suspected of violating the law. Provide relevant information according to the requirements of local police. Relevant information is usually used to explain why this transfer of funds occurs. Therefore, generally speaking, it contains the order records of OTC transactions within a certain period of time (you can log in to the OTC account of Huobi and click on the order export and print in the upper right corner).

When the above materials are provided to the police, they will give some feedback according to the different handling methods and different cases of local public security systems. For example, some cases can only be unfrozen if they are strictly required to be solved or rejected, some can only freeze the funds involved, and some places can unfreeze them directly.

Expanding data to investigate and deal with the crime of stealing bank cards can freeze accounts in different places in time.

Jinghua Times News (Reporter Yang Fenglin) The China Banking Regulatory Commission, the Supreme People's Procuratorate, the Ministry of Public Security and the Ministry of National Security recently jointly issued the Provisions on Banking Financial Institutions Assisting People's Procuratorates, Public Security Organs and State Security Organs in Inquiring about Freezing (hereinafter referred to as the Provisions), proposing new ways such as cross-regional collaborative inquiry, large-sum centralized inquiry and intra-bank collaborative inquiry to comprehensively improve the efficiency of funds involved.

It is understood that in recent years, telephone fraud, online fraud, bank card theft and other crimes have frequently appeared. If criminals use phone cards or bank accounts in different places to commit crimes, it is difficult for the police to freeze the criminal accounts in time after the victim reports the case.

Because according to the internal regulations of commercial banks, freezing bank accounts in different places requires the local public security police to go to different places with a freezing letter and a letter of introduction, and freeze them with the public security police in different places. It will take at least one day to complete this procedure. This not only left enough time for criminals to transfer stolen money, but also increased the cost of handling cases.

According to the Regulations, if the procuratorial organs, public security organs and state security organs exceed the inquiry authority or meet the demand of cross-regional inquiry, qualified financial institutions can make inquiry requests to higher authorities or other branches in the system, and feed back the inquiry through internal procedures.

At the same time, the "Regulations" require that financial institutions, after receiving legal documents to assist in inquiring and freezing assets, should keep them strictly confidential, and it is strictly forbidden to tip off the information to the units, individuals or third parties being inquired or frozen to help hide or transfer assets. The Regulations will be implemented as of this year 1.

People's Daily Online-China Banking Regulatory Commission: The crime of stealing and swiping bank cards can freeze accounts in different places in time.