Chinese Prosecutors Highlight Wallet Addresses in Virtual Currency Money Laundering Cases

On June 20, the Chinese Prosecutors' WeChat account published an article titled "Research on Foreign-Related Cases | Key Points for Collecting Cross-Border Electronic Evidence in Virtual Currency Money Laundering Crimes." The article emphasizes that in handling virtual currency money laundering cases, prosecutors should focus on virtual currency wallet addresses. By utilizing blockchain technology, they can comprehensively analyze on-chain data characteristics and the flow of funds in fraudulent transactions to identify various money laundering activities conducted through virtual currencies, enabling precise enforcement.

It is necessary to base the analysis of electronic evidence on practical case handling, focusing on the cross-border attributes of virtual currency money laundering crime patterns. This includes clarifying two core evidentiary elements: identity relevance and transaction relevance, and identifying key points for evidence collection. By establishing an evidence collection model that combines domestic evidence collection as a foundation with cross-border evidence collection as a reinforcement, the integrity and stability of the evidence system can be enhanced. Additionally, it is important to standardize the applicable boundaries of unilateral evidence collection and bilateral judicial assistance, promote precision in cross-border evidence requests, and prioritize evidence standards, thereby continually improving the quality and efficiency of handling virtual currency money laundering cases.