⚖️ The report from the People's Court of Mainland China suggests exploring a "compliant overseas monetization + black hole destruction" dual-track mechanism for the virtual currencies involved in the case.

As far as I know:

Relevant departments have actually done this a long time ago—

Some sovereign governments or police agencies have negotiated with Tether to send USDT-related seized assets into a black hole or destroy them, and then reissue new USDT to the government for disposal and monetization!

The benefit of this is turning seized assets into actual assets: for example, if some criminal suspects are brought to justice, and the investigating unit seizes their Tether, it becomes a huge piece of worthless paper because they cannot access the private key.

A recent case in Hubei Shayang involving hundreds of billions related to gambling is a prime example.

The main core personnel are abroad and have not been brought to justice; the hardware wallet only has a password, but no private key. It can be opened but cannot be transferred. The funds are too large, and later everyone was afraid of violations, so no one dared to touch it.

If they want to operate, they can do it this way—

✅ Government connects with Tether → destroys → reissues → judicial assets are converted into liquid funds.

This mechanism can solve:

1️⃣ The judicial circulation dilemma of assets without private keys

2️⃣ Improve case handling efficiency and the transparency of legal disposal

3️⃣ Grant actual judicial effectiveness to the "black hole address"

💥 The key is not "destruction," but "empowerment"!

The establishment of such mechanisms not only has practical feasibility but also addresses the following three major judicial pain points:

1️⃣ Technical deadlock: Inability to access private keys leads to permanent freezing of assets, greatly wasting judicial resources;

2️⃣ Lack of legitimacy in monetization: Even if funds are "movable," there is a lack of on-chain compliant monetization channels;

3️⃣ Cross-border cooperation obstacles: On-chain assets are inherently decentralized, and cross-border legal enforcement is weak.

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。