Southwest University of Political Science and Law held a seminar on the governance of virtual currency crimes, and Sun Yuchen was invited to attend and give a speech

On June 3, the seminar on "Investigation, Prosecution, and Evidence Preservation of Crimes Involving Virtual Currency," hosted by Southwest University of Political Science and Law, was successfully held at the university. The conference focused on core issues such as the investigation practices of virtual currency crimes, legal characterization, and cross-border collaboration. Sun Yuchen, founder of TRON and senior advisor at Shanghai Xizheng Law Firm, was invited to attend and deliver a speech, engaging in in-depth discussions with experts from the judicial and academic fields on the challenges and countermeasures related to virtual currency crimes. This marks the continuous strengthening of collaboration between the blockchain industry and the judicial system in combating new types of crime.

Cross-Border Collaboration: Industry and Judiciary Explore Governance of Virtual Currency Crimes Together

In his opening speech, Lin Wei, Deputy Secretary of the Party Committee and President of Southwest University of Political Science and Law, pointed out that virtual currency crimes pose systematic challenges to the criminal justice system. Addressing issues such as "difficulties in investigation and tracing, challenges in criminal charges, and difficulties in evidence preservation" urgently requires collaborative innovation between substantive and procedural criminal law, as well as deep integration of legal theory and judicial practice.

Against this backdrop, Sun Yuchen shared profound insights and technical practical experiences from the industry on key issues such as the legal attributes of virtual currency, cross-border evidence collection, and price determination. His speech provided valuable practical references for the judicial system to understand the underlying operational logic, trading characteristics of virtual assets, and the criminal methods derived from them, bridging the gap between industry understanding and judicial practice.

Meanwhile, heavyweight experts from the judicial and academic fields, including Li Tao, prosecutor from the Haidian District People's Procuratorate of Beijing, Wang Dong, deputy director of the Eighth Procuratorial Department of the Chaoyang District People's Procuratorate of Beijing, Xie Ling, deputy dean of the Criminal Investigation College of Southwest University of Political Science and Law, Jiang Jiayun, deputy chief judge of the First Criminal Division of the Chongqing High People's Court, and Ye Ning, lecturer at the Law School of Southwest University of Political Science and Law, also contributed key insights from their respective professional perspectives.

Practicing Crime Governance: Sun Yuchen and TRON's On-Chain Practices

In the face of the complex challenges posed by virtual currency crimes, the industry's own governance practices are particularly important. To effectively respond to illegal activities on-chain, enhance transaction transparency, and cooperate with global judicial institutions in combating crime, in September 2024, TRON, Tether, and blockchain intelligence company TRM Labs jointly established the T3 Financial Crime Unit (T3 FCU). It is reported that this unit focuses on on-chain transaction monitoring, abnormal behavior identification, and risk warning, and has cooperated multiple times with domestic and foreign judicial and compliance agencies to carry out collaborative actions such as virtual asset tracking, asset freezing, and on-chain data analysis.

According to public data, since its establishment, T3 FCU has successfully assisted global law enforcement agencies in freezing over $150 million in involved cryptocurrency assets, covering multiple fields such as fraud, ransomware, and drug trafficking. The AI contract auditing system developed in collaboration with TRM Labs has an interception rate of 98.7% for vulnerabilities and has been adopted by the U.S. Department of the Treasury as an anti-money laundering standard.

As the virtual currency market develops and regulatory frameworks gradually take shape, finding a balance between industry self-discipline, compliance construction, and technological protection has become an unavoidable topic in the industry. Sun Yuchen's appearance at the seminar at Southwest University of Political Science and Law has been interpreted by many observers as "industry pioneers actively approaching regulation and academia," demonstrating a positive trend of deep collaboration between the industry and the judiciary.

Many experts attending the seminar also expressed that, in the face of new types of crimes triggered by virtual currency, the judicial system urgently needs to absorb practical experiences and data support from the industry, while platforms also need to understand the boundaries of legal governance and promote sustainable development within a compliance framework.

The neutrality of blockchain technology cannot automatically curb crime; the joint participation of practitioners and governance institutions is becoming an effective path to address new risks.