Odaily Planet Daily reported that starting from December 2022, the defendant Liu illegally obtained 544 virtual currency addresses and keys by counterfeiting digital wallet programs, and transferred tens of thousands of virtual currencies from victims including Yang, causing huge property losses.

To find a reliable professional agency to handle the case, Wang Zitai spent days traveling back and forth between various relevant departments. Finally, through the Lucheng Public Security Bureau, he contacted the Ministry of Public Security's Third Research Institute, which commissioned them to select a proven professional disposal agency. When signing the contract, he meticulously reviewed each clause, clearly defining the responsibilities for testing, sales, and transfer. Ultimately, the liquidation was successfully completed through a licensed exchange. After completing the relevant formalities and deducting the handling fee, the funds were securely transferred from the Ministry of Public Security's independent account to the court's special account for case funds. Over 6,000 USDT, over 2,700 TRX, and 0.8 BNB coins were transformed into nearly 50,000 RMB.

"With internet-related crimes on the rise, courts are working hard to explore new ways to handle virtual currencies," said Wang Zitai. "This successful disposal is in line with Article 23 of the Supreme People's Court's recently issued Opinions on Standardizing the Enforcement of the Property-Related Portion of Criminal Judgments. It also stems from the collaborative efforts of multiple departments, accumulating experience for cross-sector disposal of new types of assets." (Wenzhou Evening News)