BTC $83,499.36 -0.85%
ETH $2,685.88 +0.40%
BNB $761.91 -1.68%
XRP $1.49 -1.25%
SOL $118.56 -2.51%
TRX $0.3357 +0.68%
DOGE $0.0934 -2.61%
ADA $0.2453 -2.87%
BCH $309.82 -6.43%
LINK $15.25 +9.25%
HYPE $87.18 -4.92%
AAVE $147.47 -4.44%
SUI $1.15 -7.39%
XLM $0.2245 +4.83%
ZEC $1,476.02 -7.30%
AAPL $338.90 -0.14%
AMZN $246.53 -0.95%
GOOGL $342.71 -0.22%
MSFT $510.03 -1.19%
META $717.91 -4.09%
NVDA $229.42 +2.28%
TSLA $358.51 -3.81%
SNDK $1,714.95 -3.37%
INTC $116.11 -6.04%
SPCX $146.19 -2.16%
MU $1,056.08 -3.12%
AMD $611.10 -3.16%
BTC $83,499.36 -0.85%
ETH $2,685.88 +0.40%
BNB $761.91 -1.68%
XRP $1.49 -1.25%
SOL $118.56 -2.51%
TRX $0.3357 +0.68%
DOGE $0.0934 -2.61%
ADA $0.2453 -2.87%
BCH $309.82 -6.43%
LINK $15.25 +9.25%
HYPE $87.18 -4.92%
AAVE $147.47 -4.44%
SUI $1.15 -7.39%
XLM $0.2245 +4.83%
ZEC $1,476.02 -7.30%
AAPL $338.90 -0.14%
AMZN $246.53 -0.95%
GOOGL $342.71 -0.22%
MSFT $510.03 -1.19%
META $717.91 -4.09%
NVDA $229.42 +2.28%
TSLA $358.51 -3.81%
SNDK $1,714.95 -3.37%
INTC $116.11 -6.04%
SPCX $146.19 -2.16%
MU $1,056.08 -3.12%
AMD $611.10 -3.16%

position

All
Article
Flash

Ministry of State Security: The so-called anonymity of virtual currency is a false proposition

The Ministry of State Security's WeChat public account published an article titled "Is Virtual Currency Crime Untraceable? Think Again!" stating that virtual currency has become an important tool for criminals engaging in illegal activities. The associated risks include being a "hotbed" for money laundering crimes, a "shelter" for cyber attacks, and an "accomplice" for espionage and theft. The article argues that the so-called "anonymity" of virtual currency is fundamentally a false proposition.The article states that blockchain is open and transparent, on-chain data is immutable, and complete transaction records are preserved, which can provide a basis for full-chain traceability. Address anonymity is merely a temporary separation of wallet addresses from real identities, and fiat currency exchanges leave traces such as device codes and network IPs. The article summarizes this as examining the ledger, checking the chain, and discussing the private key: the entire transaction leaves traces, making it difficult to hide real identities; if the private key is kept by the individual, it cannot be recovered if lost, while if it is entrusted to a platform, there is a risk of platform bankruptcy or disappearance.The article also mentions that in February 2026, the People's Bank of China and several departments reiterated that Bitcoin, Ethereum, Tether, and others should not and cannot be used as circulating currency, and related activities are classified as illegal financial activities, which are strictly prohibited. The article warns to be cautious of high-paying part-time jobs that settle in virtual currency and states that reports can be made through 12339, www.12339.gov.cn, the Ministry of State Security's WeChat public account, or local national security agencies.
app_icon
ChainCatcher Building the Web3 world with innovations.