According to online reports, the People's Court Newspaper published an article signed by Zhao Liang of the Intermediate People's Court of Shenzhen City, Guangdong Province,"Disposal of Virtual Currency Involved in Criminal Cases: Challenges, Innovation and Judicial Responsibility," which pointed out that virtual currency has corresponding property attributes and has basically formed a consensus in judicial practice. For those who need to reimburse the victim's losses or confiscate them, in order to balance the demand for disposing of the virtual currency involved in the case with the mainland's regulatory policies, we can explore entrusting a qualified third-party institution to conduct virtual currency transactions overseas under the filing and supervision of the People's Bank of China, foreign exchange management and other departments. Legal jurisdictions, such as Hong Kong, convert virtual currency into legal currency at market prices through compliant licensed trading platforms, and realize it overseas, Handle the matter in accordance with the provisions of the State Administration of Foreign Exchange's "Letter on Issues Related to the Opening of Foreign Exchange Accounts and Handling of Foreign Exchange Receipts and Payments by People's Courts in Foreign-related Judicial Activities". Virtual currencies, such as privacy coins, that are used in crimes and endanger national security and public interests can be sent to the "black hole address", destroyed, and permanently withdrawn from circulation.