About Us
FAQ
As your trusted partner, we provide compliant consulting
for licensed OTC transactions in China. One case, one disposal
—legally, securely, professionally.
Eligible Entities
🏛️
Licensed Institutions
Digital Asset Disposal (Horgos) Co., Ltd. (hereinafter also referred to as "Licensed Company")
⛔️
Unqualified Chinese entities handling crypto may be deemed illegally operating.
🛡
Business Qualification
Exclusively licensed in China for digital asset assessment, disposal and trading.
⚠️
The only approved entity in China for crypto asset trading
🕵️
KYC & Due Diligence
🔍
Only overseas individuals, funds, and firms are eligible. Subject to legal, credit, and political background review.
⛔️
Chinese citizens, legal entities, or other organizations within China are not eligible.
🧑‍⚖️
Authorized Agent with PoA
Global Digital Assets Consulting Limited, HK. Reg. No. 78108999
A dedicated legal entity newly incorporated solely for the execution of this mandate.
✅️
Responsible for contact, consulting, negotiation, AMA, and PoA submision.
⚖️
Verified Law Firms
🔍
Only vetted firms with a proven track record are recommended. They pre-check buyer eligibility, ensure compliance, and support risk control.
⚠️️
Ensures the deal is neither illegal nor a crypto “sting” / entrapment while helping buyers stay compliant and addressing concerns.
Regulatory Procedures
1
🔏
Judicial
Mandate
Signing of "Judicial Assessment and Disposal Commissioning Agreement for Involved Virtual Currency" with judicial authorities.
2
🔏
Judicial
Forensic
By the Institute of Forensic Science under the Ministry of Justice and the Shanghai Cooperation Organization International Judicial Training Center.
3
🔏
Judicial
Appraisal
By both the Judicial Assessment Research Center of Digital Assets, Shanghai University of Political Science and Law, and the Licensed Company.
4
🔏
Judicial
Disposal
Offline auctions starting at 80% of the judicial evaluation price, ensuring fairness; or through negotiated sales contract.
⛔
Absence of such an agreement or substitution with technology service contracts or hash power swap contracts constitutes illegal activity.
⛔
Lack of judicial forensic constitutes procedural non-compliance.
⛔️
Absence of proper appraisal is illegal and jeopardizes fairness and justice.
⛔
Illegal: Unlicensed auctions or offshore trades without price-setting authority.
Disposal Payment
AML-cleared buyers must wire payments in agreed foreign fiat currency and get registered with PBoC and SAFE, or local equivalents. If in RMB ➡
⛔Direct Chinese Yuan transactions through domestic RMB accounts or remittance via "underground banks" or "fake trade" practices are illegal.
Standard Operating Procedure
1
Pre-Approval for Whitelist Entry
Eligible buyers apply at this official website. AML-cleared buyers join the whitelist. Called case-by-case, they may opt in after asset review.

Review takes 10 days. Approval stays valid with periodic AML checks by Chinese foreign exchange authorities.
2
Commission Agreement
Buyers should sign commission agreements with authorized agents, specifying total and per-transaction commissions, payable in USDT.
3
Auction vs Direct Sale
Auctions require deposits; negotiated transactions do not.

2% of deals are auctions; most are negotiated case-by-case per judicial reports.
4
Crypto Asset Verification
Buyers verify the crypto assets in the wallet.
5
Payment in Fiat for Purchase & USDT for commission
Buyers shall remit fiat foreign currency for the crypto assets at agreed price and settle commission payments in USDT.
6
Funds Verification
The disposal company and sellers confirm receipt of funds.
7
Cold Wallet Delivery
Under the supervision of the licensed disposal company, local cybersecurity authorities release cold wallets to buyers.
8
Buyer Operations
It is advisable for buyers to promptly transfer the received crypto assets to their own wallets and convert them to USDT or other preferred tokens after receiving the cold wallet.
Essential Information
1
Asset Holding Structure
Seized cryptos are held in police-controlled cold wallets. BTC & altcoin mix varies by case. No value limits. Large sums may be split into installments.
China’s approach is case-based, unlike the U.S. centralized system.
2
Transaction Commission
Authorized agents assist in negotiating buyer discounts plus other services; buyers bear all commission fees.
3
Post-Delivery Wallet Handling
Buyers may immediately transfer assets from cold wallets to their own hot or cold wallets.
4
Transaction Location Requirements
Negotiations may occur in Shanghai; transactions only at local police, court, or Horgos HQ.
Transactions outside compliant locations are considered illegal
5
Compliance and Risk Warning
Following legal procedures shields approved buyers from risk. Entities must be eligible, steps legal, and funds compliant.
Chinese citizens or unlicensed domestic parties may face violation risks if involved.
6
Case-based No Selective Purchase
- Full wallet purchase required.
- No coin picking allowed. Instalments permitted for large amounts. Valuation vased on USDT. Price lock-in time as specified in the OTC purchase agreement.
Our Services
Connect and verify compliant foreign buyers.
We help liaise and negotiate between eligible overseas individuals or institutions and official Chinese entities.
Guide buyers through the legal process.
Especially in the early stages, we help ensure full understanding of compliance and provide ongoing support during operations.
Track eligible court cases across China.
We follow finalized crypto forfeiture cases and notify contracted buyers based on their pre-registered needs when suitable opportunities arise.
Support secure on-site OTC transactions.
We arrange personnel to assist with compliance and safety at the OTC locations.
See the disclaimer at the bottom of the HOME page for details on services we do not provide.
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Legal Information
Thank you for exploring our digital asset disposal and OTC consulting solutions. At www.cryptoassets.it, we take pride in combining regulatory compliance with technical expertise to serve individual and institutional clients worldwide. Our team is ready to support your specific digital asset needs while ensuring full alignment with Chinese regulations and international standards.
Disclaimer
  1. No Investment Advice or Direct Trading Global Digital Assets Consulting Limited and its website do not provide investment advice for cryptocurrencies, nor do we directly trade any form of crypto assets. We solely offer consulting services for the compliant purchase of digital assets seized by the Chinese government and provide on-site assistance for OTC operations.
  1. Jurisdictional Responsibility of Clients Any individual or institution whose jurisdiction imposes legal restrictions on the acquisition of such digital assets should consult with their own legal counsel before proceeding. We do not provide legal opinions on the laws of any country or region outside of our own operational scope. It is also highly advisable to conduct your own research (DYOR) before engaging in any transaction.
  1. Compliance and Risk Responsibility We assist clients in verifying compliance with relevant Chinese laws and regulations and protect clients' privacy and interests. However, overseas individuals or institutions—and their sources of funds—are solely responsible for ensuring their actions do not violate Chinese law. We do not bear liability for any resulting risks.
  1. Legal Guidance Required First-time OTC participants are especially advised to act under legal counsel. Global Digital Assets Consulting Limited and its website are not law firms and do not provide legal representation.
  1. Jurisdictional Limitation Our operations comply with the laws of Hong Kong SAR and are officially authorized by Digital Asset Disposal (Horgos) Co., Ltd., a company licensed by the Chinese government for digital asset disposal. However, we are not in a position to assess or ensure compliance with the legal or regulatory requirements of clients in their respective countries or jurisdictions.
  1. Market Volatility Risk Cryptocurrency values are highly volatile. Any references to pricing or discount margins are for reference only and may not reflect real-time market values. We make no guarantee of investment returns or future price movements.
  1. No Custodial or Asset Management Role We do not act as a custodian, trustee, or asset manager. Buyers are fully responsible for the custody and management of assets after delivery.
  1. No Independent Verification of Asset Legitimacy We assist in the disposal of assets based on Chinese local court's final rulings and official appraisal reports. However, we do not independently verify the technical integrity or legal origin of the crypto assets beyond the scope of government-issued documentation.
  1. Buyer’s AML Responsibility While we help facilitate basic KYC onboarding, buyers are ultimately responsible for the legality of their funds. We reserve the right to suspend engagement or consulting service if we reasonably doubt the legitimacy of a fund's origin.
We reserve the right to update this disclaimer without prior notice. By engaging with our consulting services, you acknowledge and accept the above terms.
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