DeFi Intel

Chinese Prosecutors Float Treating Crypto Mixer, Privacy Coin Use as Sign of Money Laundering

An article in the top prosecutors' paper urges new blockchain evidence rules, presumptions of intent, and a state platform to sell seized coins.

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A July 12 Procuratorate Daily opinion piece urges courts to presume criminal intent from mixer or privacy-coin use absent counter-evidence — prosecutors charged over 3,000 people with crypto money laundering in 2024.

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