Article Content
Section 4 Virtual Asset Accounts
| Article 64 | If a virtual asset account suspected of involvement in fraud has been reported as a watch-listed virtual asset account, and there are still unwithdrawn virtual assets or funds remitted (transferred) by a victim in the account, the virtual asset service provider shall return the remaining virtual assets or funds in the watch-listed virtual asset account to the victim after receiving a written notification from the authority that provided the original notification to the virtual asset service provider, and notify the customer of the virtual asset account. |
| Article 65 | When a virtual asset service provider carries out the procedures described in the preceding article, it shall notify the victims through the remitting (transferring) virtual asset service provider to prepare the following documents and, based on the time of inward remittance (transfer), return the remaining virtual assets or funds held or transferred in the watch-listed account to victims, starting from the last remitted amount first until there is no more money left in the watch-listed virtual asset account:
1. Identity certification document.
2. A certificate of case acceptance (processing) issued by the police authority.
3. Undertaking issued by the victim stating that he/she will bear all liability for any damages incurred by the virtual asset service provider due to untrue information provided by such victim. |
| Article 66 | With respect to returning the remaining virtual assets or funds held in a watch-listed virtual asset account pursuant to the preceding two articles, if any of the following occurs, the virtual asset service provider may settle and close the account, record such remaining virtual assets or funds as a virtual asset payable or an account payable, and wait until a person legally having the right to claim such assets requests payment:
1. The remaining virtual asset or fund is less than a certain amount, such that the cost of returning the money would make such return not worthwhile.
2. The virtual asset service provider does not receive a notification for the return of virtual assets or funds from the authority that provided the original notification or is unable to contact the victim within three months after receiving the notification.
3. The victim is unwilling to report the case or to claim the virtual assets orfunds.
After the virtual asset service provider settles and closes the account in accordance with the preceding paragraph, it may rescind the effect of the watch-listing from the customer of such watch-listed virtual asset account once it is notified to rescind the account from the watch-list, or when the watch-list period expires. |
| Article 67 | If the virtual asset or fund in a virtual asset account has been seized, preserved, prohibited, or subjected to similarly measures under another law, and the virtual asset service provider subsequently receives a notification for the earmarking of remaining virtual assets and funds in the account from the authority that provided the original notification as described in Article 64, priority shall be given to the order for the seizure, preservation, prohibition, or similar sanction for such virtual assets or funds. |