Why don't the police want to deal with virtual currency cases?

It's not that the police don't want to deal with virtual currency cases, but due to the particularity of virtual currency and the complexity of relevant laws and regulations, the police face certain challenges in handling such cases.

1. The legal status of virtual currency

Virtual currency is legal in China, but it is illegal to use virtual currency for illegal activities. For example, Bitcoin is defined as a special Internet commodity in China, and financial institutions are not allowed to provide Bitcoin-related products or services. Therefore, the legal status of virtual currency is relatively complex and needs to be judged based on specific circumstances.

2. The complexity of virtual currency cases

Due to the anonymity and decentralization of virtual currency, tracking and investigation become difficult. When investigating virtual currency cases, the police often need to invest a lot of manpower, material resources and time costs. Virtual currency transactions are not protected by law, so it is difficult for victims to defend their rights through legal channels after suffering losses. This also increases the difficulty for the police to handle such cases, because even if the case is solved, the victim's losses may be difficult to recover.

3. The police's attitude towards virtual currency cases

The police do not ignore virtual currency cases, but conduct investigations and crackdowns as much as possible under the existing legal framework and resource constraints. However, due to the challenges and complexities mentioned above, the police may need more support and assistance when handling virtual currency cases.