Lawyer: "Ignorance" in virtual currency cases, can it really exempt from liability? (Author: Liu Zhengyao) In criminal cases involving virtual currencies, "ignorance" is not inherently a defense. The judiciary focuses more on whether the objective behavior is sufficient to infer "subjective knowledge," rather than the parties' verbal explanations. Exceptionally high returns, evading KYC, frequently changing cards, or using encrypted communication tools may all be deemed as "should have known." Only when it can be proven that reasonable diligence has been exercised, or that the party was indeed deceived, can "ignorance" be established. The core conclusion is that exemption from liability stems from prior compliance, not post-hoc defense. Read the full article: