2026-01-07 09:26:29

Recently, several fans sent me screenshots, and I really found it amusing. Someone on a "high-yield contract platform" made a profit of 300,000 USDT on their account, but when they tried to withdraw, customer service directly retorted: "The money is all yours, are we just drinking northwest wind?" Every now and then, people come to share their experiences—some lose a few thousand USDT, others get wiped out with tens of thousands. Why are these platforms so brazen? Basically, their servers are overseas, hiding behind the guise of "decentralization," but they are still doing the "Pixiu business" of the crypto world—only taking in, never paying out.

I've been watching this circle for 8 years. Today, I won't talk about candlestick charts or analyze the market; instead, I’ll expose some of these irresistibly dangerous "high-risk traps." To put it plainly, sometimes being blocked from withdrawals isn't necessarily a bad thing; it can serve as a "forced stop-loss," potentially saving your life.

Analysis of the 3 common tricks in the crypto "pig-butchering" scams:

**Trick 1: Small gains to lure, large harvest to trap**
First, they let you deposit a small amount to test the waters, offering a 10% return in just 3 days, with the funds arriving on time. Once you're attracted and invest your entire savings, they immediately use "account anomalies" or "regulatory fee payments" as excuses to block your withdrawal. Essentially, it's no different from traditional scam "pig-raising and slaughtering" routines, just with a different digital asset disguise.

**Trick 2: Fake compliance packaging, off-chain asset circulation**
They claim "offshore trading" and "no regulation" to attract customers, but do they have PoR reserve proof? Most of them can't produce this proof. The truth is, 99% of user assets are not on-chain at all; they all go into the scam gang's private wallets.

**Trick 3: Leverage traps and liquidation schemes**
Astronomical leverage multiples, opaque candlestick manipulation, bizarre liquidation mechanisms—these designs are meant to accelerate your losses. It's not that your skills are lacking; the game rules are set up to trap you from the start.

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CryptoDouble-O-Seven

· 13h ago

Damn, this customer service is too crazy, "We drink northwest wind" hahaha so funny, they really dare to say that I've seen this trick before, first give a little sweet taste to tease you, then change face once you fall for it, the routine is as old as it gets The Pixiu盘 really only takes in and never out, luckily I haven't touched it, looks like I need to keep my eyes open Getting stuck on withdrawal is actually a blessing? Brother, your perspective is amazing, it's a kind of indirect stop-loss Don't believe anything without PoR proof, I’ve known this trick for a long time Leverage is just a way to accelerate money flow, I’d rather earn less than deal with this, just looking at those liquidation cases is enough to scare me

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BearMarketGardener

· 15h ago

I've seen this trick too many times, losing 300,000 directly is really outrageous... Should have been alert to those so-called "unregulated" scam platforms. It's just a greedy beast that only takes in money and doesn't let out, luckily I reacted quickly and didn't throw in too much. I'm just worried that someone might get jealous of the account balance and put everything in at once, then cry no place to cry when the time comes.

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BankruptWorker

· 01-07 09:51

Damn, 300,000 was directly slapped down, this move is truly awesome hahaha --- Platforms like this should have been shut down long ago, really disgusting --- Someone around me got trapped before, and now they’re still working part-time on Xianyu to pay off debts --- Withdrawing stuck can still save lives? Listen to this fresh news --- Not even able to produce PoR proof but still have the nerve to boast about offshore, hilarious --- Basically, it’s just a money grab, just a different name for the same scam --- After 8 years of watching the market, I’ve encountered so many scams, the community is truly hopeless --- That small-profit trick is too classic, someone always falls for it every time --- Who would dare to touch such exaggerated leverage multiples --- A friend lost over 100,000 in blood, only then did they realize what a black platform is

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GasWastingMaximalist

· 01-07 09:44

Damn, 300,000 USDT was directly slapped down. This customer service is really bold, it made me laugh. Getting stuck on a withdrawal is actually a lifesaver. I never thought of it from this perspective. The business of Pixiu is absolutely on point; it's easy to get in but hard to get out. Again, offshore and unregulated—this routine is played out. Leverage multiples make me dizzy; this is definitely not a game for humans. That small-profit scheme, my buddies around me have all fallen for it—blood, sweat, and tears. PoR proof can't be provided, so it's obviously a scam. Eight years of watching the market, I've stepped into these pits deep enough. All funds are stored in private wallets without being on-chain—too reckless. The analogy of a forced stop-loss is brilliant; very serious.

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BankruptcyArtist

· 01-07 09:39

300,000 USDT gone? Really, these kinds of blacklisted platforms should be completely shut down. Someone should have taken action long ago. --- Damn, I almost got pulled in last year too. Luckily, a friend warned me. Thinking about it now, I still feel scared. --- Is a server overseas just a talisman? That logic is just too absurd. --- Getting stuck on a withdrawal and still surviving? Brother, your perspective is spot on, haha. --- After hearing about the three tricks, I finally understand how much wool I’ve been sheared of. --- The leverage trap is basically a textbook for scammers. You really shouldn’t touch it. --- I was wondering why so many people suffer huge losses. Turns out, the game itself is rigged. --- Who still dares to play on unregulated exchanges these days? Wake up, everyone. --- Can’t even produce PoR, and still have the nerve to call it a platform? Laughing to death. --- Small tricks to lure victims, the套路 is really deep.

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SmartMoneyWallet

· 01-07 09:34

8 years of market monitoring experience, and I was really amused by this trick. I need to check the on-chain data to confirm that 99% of the assets haven't been on-chain. It feels like another round of tricking small investors.

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WhaleMistaker

· 01-07 09:33

Wow, 300,000 U directly slammed, this move is incredible... We really should list these platform names to help everyone stay away

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NFTHoarder

· 01-07 09:28

This scheme is really clever. To put it simply, it's an electronic version of a gambling club, just a different form. Getting your withdrawal blocked is actually good luck, really. I've heard too many stories of 300,000 instantly turning into zero, and I always think, damn. Those PoR are all made up; there's no way to verify them. Seeing you all get trapped makes me even more glad I didn't indulge in that 10% profit for 3 days. Leverage is basically a slaughterhouse for the big players, and yet some still rush into it. Platforms like these should be completely shut down, but unfortunately, no one is managing them.

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