Lawyer: What does it mean that Justin Sun has applied for property preservation against Jing Tian? Crypto law expert Jianzhi Jin @JianzhiJin shared on the WuTalk No Crypto podcast that property preservation is a common procedural measure, mainly used to prevent the defendant from transferring assets and ensure the plaintiff can enforce the judgment after winning the case. The court's approval of preservation does not imply preliminary recognition of Justin Sun's substantive claims. To apply for freezing assets worth 30 million yuan, Justin Sun's side must provide corresponding guarantees, which in practice can often be done through a surety bond issued by an insurance company. Follow WuTalk for more professional interviews, podcasts, and short videos.