The Wenzhou court successfully disposed of the virtual currency involved in the case through a licensed trading platform and returned the funds to the victims
TechFlame
2025-08-08 11:27
TechFlame2025-08-08 11:27
English
According to TechFlame, according to the Wenzhou Evening News, starting in December 2022, defendant Liu illegally obtained 544 virtual currency addresses and keys through a counterfeit digital wallet program, and transferred tens of thousands of virtual currencies from Yang and other victims, causing huge property damage.
In order to find a reliable professional agency to dispose of it, Wang Zitai went back and forth to various relevant departments for several days, and finally contacted the Third Research Institute of the Ministry of Public Security through the Lucheng Public Security Bureau and commissioned it to select mature professional disposal agencies. When signing the entrustment agreement, he checked the terms one by one to clarify the rights and responsibilities such as inspection, sale, and handover. In the end, the monetization relied on the successful completion of the licensed exchange. After completing the relevant procedures and deducting the handling fee, the monetization funds were steadily transferred to the court's special account for the funds involved in the case through an independent account of the Ministry of Public Security. More than 6000 USDT coins, 2,700 TRX coins, and 0.8 BNB coins became nearly 50,000 yuan.