After China strictly banned virtual currency trading in 2021, preserving and disposing of involved virtual currencies became a challenging problem for local police. Recently, a media interview team from the Ministry of Public Security's "Guardian in the Sunlight" legal law enforcement theme promotion activity, accompanied by a China News Network reporter, visited the Involved Property Joint Management Center in Duyun City, Qiannan Buyi and Miao Autonomous Prefecture, Guizhou Province, to understand the local police's practices for preserving involved virtual currencies.
During the investigation process, public security organs discovered that some criminal suspects converted illegal proceeds into virtual currencies. Duyun Public Security froze involved virtual currencies during the seizure, physically isolated them in cold wallets set up by public security organs, and stored them in the Duyun Involved Property Joint Management Center, awaiting court judgment.
Guizhou Duyun Public Security's exploration provided a "problem-solving approach" for preserving involved virtual currencies, with various regions still seeking optimal solutions. According to the introduction, Duyun Public Security closely focused on the difficulties in managing, transferring, and disposing of involved properties, actively exploring reforms in involved property management and promoting the construction of a cross-departmental involved property joint management center. Since the center was completed and put into use in November 2022, it has received 24,753 pieces of involved items, over 20.495 million yuan in involved funds, and centrally stored over 7,000 case files.
