People's Court News: "Mining" condenses social abstract labor, and stealing virtual currency constitutes the crime of theft
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2024-12-07 10:32 8,137
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Golden Finance reported that the People's Court newspaper published an article "Criminal Legal Characteristics of Illegal Stealing of Virtual Currency", which pointed out that theft of virtual currency constitutes the crime of theft. As economic property, it must have value, including utility, scarcity and disposability. . Scarcity is reflected in the fact that the total amount of virtual currency is constant and cannot be infinitely supplied. Disposability is reflected in the fact that virtual currency uses asymmetric encryption technology, which is stored in a "wallet" (i.e. address). After obtaining the address and private key, the virtual currency can be controlled. Utility is reflected in the fact that virtual currency, as a specific data encoding, must be generated through "mining", and "mining" condenses social abstract labor.
The article also pointed out that the act of stealing virtual currency constitutes the crime of illegally obtaining computer system data. Virtual currency has data properties, and the illegal theft of virtual currency constitutes the crime of illegally obtaining computer system data. Regarding the determination of the amount of stolen virtual currency, it is more reasonable to calculate the amount of virtual currency involved when the defendant committed the crime rather than when the victim purchased the virtual currency.