Yanlili 2.

[President]

Was requested by
Sythe staff to create a separate report for the two USDT transactions with yanlili. I'll post screenshots of the transactions in the next two posts.


Scammer's profile link: YanLiLi
Amount scammed: attempted scam
Discord ID + Unique Discord ID: yanlili123 + 1445831378204885003
Proof that it's their Discord: Follows from GE server. See the screenshots below.
Explanation of the trade: Tried to short me on USDT transactions
How they scammed: Tried to short me on USDT transactions
Other relevant trade screenshots: See below

 

[President]

Transaction 1
E0E6908B BD31 48A6 929B ECA993CD9FB5 hosted at ImgBB
https://s12.gifyu.com/images/bEKYa.png - RSN redacted -BlackBlasses
66B94284 2E43 474C A210 F6C3E70FA863 hosted at ImgBB
C4B47CC9 4B71 4645 8E6B E47D457FA602 hosted at ImgBB
2417A57E 3750 47CA B8B3 C0965E4BE3F0 hosted at ImgBB
E01426E5 F0BC 4F91 94F0 43A1B12DAA77 hosted at ImgBB
5E6F4E62 3DD4 4E0D 9F66 E48BD51F91A8 hosted at ImgBB

 

[President]

Transaction 2
[red
C08EE3E7 C763 4E4A 8498 6E52B3E33E61 hosted at ImgBB
https://s12.gifyu.com/images/bEKYZ.png - RSN redacted -BlackBlasses
670E10A1 F124 4216 BDC2 76BE2768B7DB hosted at ImgBB
59601E8B 32CF 4F41 B0AA B2B807294A89 hosted at ImgBB
E21CE5E6 799D 4098 BEE2 966139299959 hosted at ImgBB

 

1) There is a $0.04 discrepancy on $110.25, and a $0.02 discrepancy on $122.22.

it is possible that the USDC/USD rate was about 0.9996 and 0.9998, respectively.

Indeed, It is not exactly 1:1, and depending on the exchange, this rate is possible. The rate fluctuates around 1 all the time.

According to CoinMarketCap the USDC rate currently ranges from $0.9998 to $1.01, depending on the exchange.

President says that when he calculated his received amount using the exchange's/wallet's rate, it was lower by $0.04 and $0.02 USD.
This discrepancy could be explained by the differences in rates.
Yanlili said she used Binance, which does not have a USD amount in the withdrawal field. Instead, you enter the amount in the currency you are withdrawing.
It's possible that the rate on Binance was higher than the rate on President's end.
The discrepancy is so small that I find it unreasonable to argue that this was done on purpose.

However,

2) Yanlili argued the amount on President's end was lower, because she had to pay a withdrawal fee. It really looks like this plays a role in the difference.

In conclusion, the amount is negligible and can be explained by a rate difference. Yanlili also sent the remaining amount per President's request, so there is no debt.

@YanLiLi, unless otherwise agreed upon, the sender covers the fees associated with sending money. When sending money, you should take withdrawal fees, network fees, or any other applicable fees into consideration.
You have been trading large volumes of GP daily for a long time, and it appears that you did not consider the fees associated with sending transactions.
This is not acceptable, and I'm issuing a TWC that can be disputed in a month.