On January 8th, Shanghai held a seminar on criminal trials involving virtual currencies, releasing several key judicial signals:
First, money laundering crimes involving virtual currencies will not engage in "objective attribution of guilt." Whether a crime is constituted hinges on a comprehensive determination of "subjective knowledge," rather than merely examining results or fund flows.
Second, the standard for the completion of money laundering crimes has been further clarified.
On January 8th, Shanghai held a seminar on criminal trials involving virtual currencies, releasing several key judicial signals:
First, money laundering crimes involving virtual currencies will not engage in "objective attribution of guilt." Whether a crime is constituted hinges on a comprehensive determination of "subjective knowledge," rather than merely examining results or fund flows.
Second, the standard for the completion of money laundering crimes has been further clarified.