The Ministry of Justice officially launched the "Virtual Asset Supervision Platform for Prosecutorial Cases" on April 15, emphasizing that virtual assets are not illegal. The technological Ministry of Justice is the backing of advanced law enforcement and does not allow the scale of justice to be tilted due to any technical gap. .

Procuratorate’s virtual asset supervision platform

According to an announcement from the Ministry of Justice, because virtual assets have gradually become a tool for various criminals to avoid pursuit due to their anonymity and convenience, it is necessary for law enforcement agencies to improve their own technological standards to compete with crime.

Therefore, the Ministry of Justice entrusted the Taiwan High Prosecutor's Office to build a "Procuratorate's Seizure of Virtual Assets Supervision Platform", which was officially launched on April 15. In the future, virtual assets seized by defendants or criminal suspects can be monitored under a secure system. It will be kept in a safe place and will be confiscated or returned to the victim after the verdict is determined, so as to completely deprive the defendant of his illegal gains from crime.

The Ministry of Justice stated that it had begun planning for a seizure platform in August 2022. After many meetings, it decided to entrust the Taiwan High Prosecutor's Office to build a supervision platform.

After the completion of the installation, representatives of the procuratorate were convened to discuss the unified process, negotiated with the judicial police agencies on relevant operational details, and conducted 7 educational training sessions for the procuratorate, with a total of 155 people trained, striving to ensure system stability and security after going online.

More than NT$400 million has been seized in the two days since it went online

According to reports, the seizure platform has seized a total of 450 million yuan in illegal virtual assets since its launch on the 15th.

On the morning of the 15th, the New Taipei District Prosecutor’s Office deposited 6.79 million Tether USDT, equivalent to approximately NT$203 million.

The Taichung District Prosecutor's Office successfully deposited a total of 123 Bitcoins and 8 Ethereum coins on the afternoon of the 16th, with a total market value of more than NT$250 million. The two District Prosecutor's Office deposited a total of approximately NT$450 million.

This article The Ministry of Justice launched a virtual asset seizure platform and seized more than NT$400 million in BTC and USDT in two days. First appeared on Lian News ABMedia.