Doesn't it belong to the couple's common property?

The recently exposed divorce property division case in Shenzhen has sounded the alarm for all cryptocurrency players.

—— The male party easily transferred 1 billion yuan worth of Bitcoin using the cold wallet's private key.

Despite the female party having a large amount of evidence such as transfer records and chat screenshots, she ultimately could not recover a single penny.

The court's ruling clearly states: the ownership of blockchain assets is recognized only by the control of the private key.

1. The private key is the 'ultimate password' for asset control.

In this case, the core controversy lies in the legal nature of Bitcoin and the determination of control rights.

Although the female party submitted detailed funding records, the court ruled that the actual control of Bitcoin as virtual property depends on the holder of the private key.