Deep Tide TechFlow News, on December 14, Justice Network published an article titled "Establishing Multiple Judicial Disposal Paths for Criminal Cases Involving Virtual Currencies." The article proposes to improve the judicial disposal process for virtual currencies involved in criminal cases:
First, clarify the legal status and role of third-party organizations. Future legislation could include third-party organizations within the scope of judicial auction auxiliaries, granting them the exclusive qualification for "one-time, targeted, non-public bidding."
Second, establish a dual system of technical standards and procedural norms. The Supreme People's Court and the Supreme People's Procuratorate, in conjunction with financial regulatory authorities, will jointly issue dual standards. Price evaluation will use the average price of the 20 days prior to the transaction date or the cost incurred by the victim as the benchmark. A unified on-chain evidence format will be adopted, with the proceeds directly transferred to the fiscal account, preventing fund backflow channels for speculation.
Third, strengthen the full-process linkage of procuratorial supervision and rights protection. Procuratorial organs will participate throughout the disposal process and require third-party organizations to regularly submit reports.