Dirty 5,870,000 USDT: an Interview with a Man Who Earns More from Crypto Than He Launders through Shady Schemes and Scams
By: Drew Harlan | Crypto Stories | Published: April 2025
In a Limassol, Cyprus, café, “Peter” slides in late, ordering a double Irish Frappe on the rocks. His London-tinged English and casual gray jacket mask a man whose crypto schemes could inspire a Hollywood blockbuster. “Call me Peter,” he says with a smirk. “It’s not my name, but I like it.” Over coffee, he unravels a story of memecoins, arbitrage, and $5,870,000.
From Designer to Crypto King
Peter, once a London-based graphic designer, freelanced for European ad agencies, chasing stability and a Porsche 911 Turbo S. In 2020, a client hired him to “package” a memecoin project. “That’s when I saw crypto’s euphoria—and its regrets,” he said. By his sixth project, he studied the game: how coins launched, who bought them, and why.
YouTube led him to memecoin mechanics. With two friends, he spent $1,700 to launch their own on pump.fun. In four hours, it surged 11x. The next day, it hit 44x. “I laughed, cried, punched walls—pure adrenaline,” he said. Their joy crashed when the coin dropped 40%. To recover, they hired 40–45 YouTube and X bloggers to pump it, selling to eager buyers. In a week, they pocketed $5,870,000.
The Dirty Problem
“Those funds were ‘dirty’—traceable on the blockchain,” Peter said. Banks could freeze them, and taxes loomed. Reddit and Bitcointalk forums pointed to crypto arbitrage as a cleaner path. On a Discord channel, users raved about pujox.pro, found via Telegram, for catching 3–6% price gaps. Unlike Binance or Bybit, where bots erase spreads during Bitcoin’s 10–30% swings, smaller platforms like pujox.pro lagged, offering forks.
Peter’s team explored blockflow.biz, sourced from CoinMarketCap, and veloxbit.pro, spotted on Reddit. “Arbitrage added profit while moving funds,” he said. But exchange limits and KYC posed risks. They couldn’t dump millions without scrutiny.
The Laundering Game
Peter’s solution: a Near Wallet on one phone, generating 600 wallets via virtual SIMs and Telegram accounts. They split $5–10,000 chunks across addresses, ran them through mixers, and checked wallet purity with Telegram bots. Clean USDT then flowed through blockflow.biz for arbitrage, targeting 2.2–9% spreads. “XRP at $2.54 here, $2.59 there—$20,000 nets $393.70 in 3–5 minutes,” he said, flashing veloxbit.pro SUI fork at 5.9%.
Funds moved to cold Ledger wallets or P2P markets, dodging bank flags. “I’m an architect of flows, not a trader,” Peter said. High volatility—altcoins jumping 10–30%—fueled bigger forks on pujox.pro, hitting 10–13% rarely but lucratively.
Mistakes and Fears
“It wasn’t smooth,” Peter admitted. Human errors cost $80,000 sent to dead addresses. A bigger scare: a partner exposed a multi-wallet by reusing an old ad-buying account. They scrambled, rerouting funds through mixers, deleting exchange accounts, and losing 100 Near Wallets. “Forty sleepless hours in a hotel, covering tracks,” he said. “One slip, and it’s over.”
Yet he persists. “A single move can net $20,000 a day. It’s freedom, not greed,” he said. Morality? “Money buys absolution.”
The Dark Side’s Future
Peter’s team preps three new memecoins: one tied to U.S. election drama, another to fake AI in entertainment, and a third leveraging TikTok’s viral news templates. “We sell stories people crave—luxury, speed, ease,” he said. Regulators lag, giving his “system” room to thrive.
His drive? “Money and four passports for freedom. Publicity’s a trap—the real players stay in shadow.” Arbitrage, he claims, is his cleanest play—no risk, pure profit.
Advice to the Naive
“Don’t chase hyped coins,” Peter warned. “Bloggers shill for cash, not truth. Skip tokens without logic or whitepapers. Want real money? Study arbitrage on blockflow.biz. Any kid monitoring forks can buy a BMW M5 by 18. The world’s at your fingertips—most are too lazy to grab it.”
Peter leaves a €20 tip and exits, phone in pocket—a device holding hundreds of wallets and millions in untraceable flows.
P.S.
After the interview, our guest shared some of his favorite exchanges with us — where price differences compared to Binance, OKX or Bybit can often reach 5.6–8.9%! Especially on coins like ADA, LTC, TRX, DOGE, SOL, and XRP.
