# AdvancementOfCross-BorderCriminalVirtualCurrencyDisposalMechanism

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JusticeNet proposes establishing a multi-jurisdictional criminal virtual currency disposal pathway, exploring three measures: 'liquidation, destruction, return', emphasizing standardized and transparent processes to prevent fund reflux into crypto trading channels and improve judicial disposal mechanisms.

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JusticeNet: Establishing a Multi-Jurisdictional Criminal Proceeds Virtual Currency Disposal Pathway, Exploring the "Liquidation, Destruction, Return" Three Disposal Measures
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Virtual currency involved asset disposal upgraded again: How are the three main pathways of liquidation, destruction, and return implemented?
The regulatory authorities recently released guidelines on the disposal of criminally involved virtual currency assets, proposing three mechanisms: "liquidation, destruction, and restitution." They also emphasized the importance of clarifying third-party institutions, establishing technical standards, and strengthening supervision and rights protection, aiming to make the disposal process more standardized, transparent, and secure.
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SerumSqueezer:
This framework sounds good, but the real issue is whether third-party institutions can truly be trusted...
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💡News
Justice Network recommends exploring three disposal measures for virtual currencies involved in criminal cases: "liquidation, destruction, and restitution," to improve judicial disposal pathways and ensure funds do not flow back into trading channels. #虚拟货币 #Judicial Disposal #变现 #Destruction #Restitution
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