Chinese Prosecution System Article Suggests Treating the Use of Coin Mixers and Privacy Coins as a Signal of Money Laundering Intent

BlockBeats News, July 13th - According to an article in the Supreme People's Procuratorate organ newspaper Procuratorial Daily, the People's Procuratorate of Yuhu District, Xiangtan City, Hunan Province, and researchers from the Law School of Xiangtan University proposed a cryptocurrency money laundering case prosecution framework, suggesting that the court should presume the suspect's criminal intent when the suspect uses a coin mixer, privacy coin, and fails to provide reasonable counter-evidence, and should take verifiable on-chain records and blockchain analysis company reports as evidence. The article also proposed establishing a national platform to custody and dispose of seized cryptocurrencies through compliant channels such as targeted auctions.

The article stated that Chinese prosecutors have filed charges against more than 3,000 individuals involved in cryptocurrency money laundering since 2024. According to Chainalysis data, the Chinese money laundering network processed around $16 billion in funds in 2025, currently accounting for about one-fifth of the global cryptocurrency money laundering total. It is important to note that this article does not have legal effect.