CFTC REMINDS INVESTORS TO BE CAREFUL WITH ENCRYPTION ATM

THE UNITED STATES COMMODITY FUTURES TRADING COMMISSION (CFTC) CAUTIONS INVESTORS WHEN USING ENCRYPTED ATM. ACCORDING TO CFTC, WHILE ENCRYPTED ATM IS SIMILAR TO THE TRADITIONAL ATM, WHEN A USER DEPOSITS CASH, IT IS CONVERTED INTO ENCRYPTED ASSETS SUCH AS BTC, USDT AND TRANSFERRED TO A GIVEN WALLET, AND THE TRANSACTIONS ARE USUALLY INSTANTANEOUS AND IRREVERSIBLE AND MAY BE USED BY FRAUDSTERS AND MONEY-LAUNDERING NETWORKS TO CONCEAL IDENTITY AND TRANSFER FUNDS. THE CTC RECOMMENDS THAT THE USER VERIFY THE RECIPIENT AND THE PURPOSE OF THE TRANSACTION PRIOR TO THE OPERATION AND NOT ENCRYPT THE ATM TRANSFER BECAUSE OF THE REQUIREMENTS OF STRANGERS OR SO-CALLED INVESTMENT OPPORTUNITIES。