The Yaou legal team assists clients in unfreezing accounts

A client of Yaou Law Firm has been engaged in virtual currency trading business for a long time. During one transaction, the client reached an intent to trade virtual currency with a buyer through an intermediary. After sending the currency to the designated wallet and receiving the payment, the buyer claimed to have been scammed and reported the incident to a public security authority in Mainland China.. The public security organs of the province froze the funds in the client's designated account according to the flow of funds.

After being retained by the client, Yaou Law Firm's legal team reviewed the virtual currency transaction process, drafted the thawing application, organized evidence materials, communicated with the public security organs on the mainland, and further supplemented and submitted evidence according to the feedback from the public security organs. The case is still under investigation.