Xiao Sa: Why are there so many criminal cases in the cryptocurrency world recently?

Recently, we have paid attention to many events in the cryptocurrency circle and received many inquiries from both home and abroad. It seems that everyone is somewhat puzzled by the recent increase in criminal cases in the cryptocurrency circle. In view of this situation, combined with the latest commonly used charges , today Sister Sa will sort out the reasons with you. This is just one person's opinion for reference only.

01

Recently, the country is conducting centralized governance on bank card anti-money laundering . Due to the anonymity of Bitcoin, many criminal cases use Bitcoin as a settlement tool . Obtaining Bitcoin or Ethereum, etc., and selling them on major exchanges may eventually lead to some BTC holders being suspected of committing crimes. If the holders cash out the coins, they may find that their bank cards are frozen. If you encounter such a situation, don't panic. The solution is:

1. Wait for three days and more than half of the cases will be automatically unblocked ;

2. You can go to the bank with your ID card to inquire about the specific information of the investigating agency that has frozen the funds;

3. After you have found the investigating agency, call 110 where the investigating agency is located, remember to add the area code , and ask for the contact information of the investigating officer;

4. According to the requirements, write a written explanation and submit it to the police officer in charge of the case or bring relevant evidence to the place where the case is being handled to argue your case.

02

There are many operations in the cryptocurrency circle, and the accumulated problems have changed from quantitative change to qualitative change. Affected by the stricter environment of financial technology supervision, cryptocurrency financial operations have also been paid attention to and even regarded as a research hotspot for regulatory authorities. There have been more academic and business discussions on Bitcoin and Ethereum, and a consensus has gradually formed. The view on cryptocurrency-related financial behaviors has been upgraded from "illegal behavior" to "criminal behavior" . At the same time, grassroots police officers are also learning relevant knowledge. Sister Sa received a call from a friend in economic investigation, saying that her unit bought "ICO Black Hole" written by Sister Sa for everyone to study.

03

Triggered by marginal cases, follow the clues to find the root cause. Recent cases in the cryptocurrency circle also present a characteristic: most of them are involved in other cases, rather than directly reported . From 2014 to 2019, criminal cases involving cryptocurrency were mainly reported directly, mostly due to virtual currency returning to zero and the embezzlement of cryptocurrency by the agent. The charges were mainly " fraud under Article 266 of the Criminal Law " and " fund-raising fraud under Article 192 ". In the later period, some " organizing and leading pyramid schemes under Article 224 of the Criminal Law " were found. However, the charges nowadays are mostly related persons and problems in the upstream and downstream, which are investigated by the police or the procuratorate. Later, the relevant personnel are first identified as witnesses and go to the case-handling unit to cooperate with the investigation. In the process of cooperating with the investigation, information is dug up and other criminal clues are discovered, transitioning from the initial witness questioning to the interrogation of the suspect .

04

The influence and wealth of people in the cryptocurrency circle is also one of the motivations. I have tried many times, but I will not elaborate on it to ensure the smooth release of this article.

Final Thoughts

This year's economic downward pressure has increased, and everyone is having a hard time. Friends in the cryptocurrency circle should not rely on their overseas nationality or green card to disregard Chinese laws. In a sense, our criminal jurisdiction is still very powerful. The place of action, the place of result, the place where the victim is located, and even the place of business and the place where the network passes are all connection points of jurisdiction. It's a fluke, and it doesn't make much sense . It is recommended to understand the specific situation of your own family, make up for the legal flaws, and then lie dormant, and don't be high-profile. Well, let's talk about this today, see you tomorrow!