A recent analysis underscores the ongoing legal challenges in classifying virtual assets, particularly in-game currency, as criminal property. This issue was highlighted by a 2020 Shanghai court case, where the classification of in-game currency was debated. One court initially ruled the case as embezzlement, while a subsequent 2023 ruling focused on the currency's data nature, reflecting the lack of a unified legal standard. The disparity in court rulings complicates efforts to counter the financing of terrorism and manage criminal proceedings involving virtual assets. The legal community remains divided, with some courts emphasizing the economic value of these assets, while others prioritize their technical definitions. This ongoing uncertainty continues to pose challenges for legal frameworks dealing with virtual asset crimes.