A licensed trading platform facilitated the liquidation of nearly 50,000 RMB in cryptocurrencies, including USDT, TRX, and BNB, following allegations against Defendant Liu.
A Wenzhou court successfully disposed of implicated virtual currencies via a licensed trading platform and returned funds to victims. Defendant Liu was accused of illegally obtaining crypto wallet addresses and keys, transferring tens of thousands of digital tokens and causing significant losses. Nearly 50,000 RMB in liquidated funds, including cryptocurrencies such as USDT, TRX, BNB, among others, were transferred from the Public Security Ministry’s account to the court’s designated account.