According to WuShuo, Liu Honglin, the founding lawyer of Mankun Law Firm, posted that regarding the recent rumors about 'Hangzhou and Chengdu police checking phones and forcibly transferring virtual currencies,' the legal team has verified and analyzed the situation. They concluded that this news exaggerates isolated cases of anti-fraud and anti-gambling law enforcement and does not represent a universal enforcement policy targeting regular crypto holders. Liu emphasized that law enforcement actions must follow legal procedures, and phones cannot be inspected without a search warrant. The handling of virtual assets involved in cases also requires filing and seizure procedures. The concept of 'transferring crypto upon discovery' lacks legal basis. https://www.(wublock123.com)/index.php?m=content&c=index&a=show&catid=6&id=53725