PANews reported on April 22 that the official website of the Supreme People's Procuratorate recently published a theoretical research article titled "Improving the Identification and Proof Mechanism of Virtual Currency Involved in Criminal Cases". The article stated that due to its anonymity and technical complexity, virtual currency is difficult to identify, difficult to track the flow of funds, and difficult to identify its value in criminal cases. Experts suggest strengthening on-chain tracking and the use of electronic evidence, paying attention to the connection between virtual and legal currency capital chains, and exploring the use of simplified proof methods such as "comprehensive identification". At the same time, it is recommended to establish an open and transparent value assessment mechanism to ensure that the disposal of property involved in the case is fair and compliant.
Supreme People's Procuratorate: Improve the identification mechanism of virtual currency involved in criminal cases, focus on technology tracing and evidence simplification path
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The Golden Key Group was investigated after the company collapsed. The chairman lost 68.98 million yuan in virtual currency investment.
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Procuratorate Daily published an article titled "Improving the Identification and Proof Mechanism for Virtual Currency Involved in Criminal Cases"
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Guangzhou Internet Court: Violators of the rules in virtual currency trading must bear their own losses
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A man in Hong Kong was defrauded of HK$1 million by exchanging USDT for OTC offline. The store did not remit the money to him after receiving the cash.
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Can the judicial disposal of virtual currencies be handled centrally or by the central bank in the future?