China prosecutors propose presumptions for crypto money laundering

4 min read

An article in the Procuratorate Daily by two Hunan district prosecutors and a law professor laid out a prosecutorial framework to target crypto money laundering, proposing that courts presume criminal intent when suspects use coin mixers or privacy coins and urging a national platform to custody and sell seized cryptocurrency. It also recommends a double investigation rule, blockchain data self-verification, and treating analytics firm reports as expert evidence. The piece carries no legal force but signals enforcement direction amid thousands of crypto-related laundering charges and widespread cross-border asset flows, which could reshape asset recovery and international enforcement practice.

Prosecutors would presume laundering when mixers or privacy coins are used