Translator：Jiang Wenyu

Shanghai Landing Law Offices accepted the entrustment of a client (hereinafter referred to as the "Client") and assigned Liu Zhaofu and Zhang Zhenyu to act as his attorney to deal with the case of freezing of his bank account due to virtual currency trading.

In May 2021, the client's bank account was frozen by the public security authorities, and the actual amount frozen amounted to more than 13 million yuan. After the client established a entrustment with the Firm, the attorney-in-fact asked the client to provide materials that could prove that the source of the funds in the bank account was legal, and to state the whole process of investing in virtual currencies.

After verifying the relevant materials, the handling lawyer believed that the client's source of funds was obtained through normal trading activities. Their buying or selling actions were typical market behaviors for regular financial management and did not involve any illegal or criminal activities. Subsequently, the handling lawyer drafted the legal documents and organized the client's transaction records, bank statements, and other relevant materials from the past decade. They also made multiple visits to the local authorities to communicate and discuss the case.

After the relentless efforts of the handling lawyer, the investigating authorities finally accepted the opinion of the handling lawyer. In March 2022, the freeze on the client's bank account was lifted, effectively safeguarding the client's legal rights and interests.