In China, the trading and use of cryptocurrency is subject to strict laws and regulations. In order to maintain the stability of the financial market and the safety of citizens' property, the Chinese government has clearly stipulated that cryptocurrency trading platforms are not allowed to operate in China, and financial institutions and payment institutions are prohibited from providing cryptocurrency-related services. Therefore, any use of cryptocurrency wallets for anonymous transfers is not allowed. We strongly recommend that the public abide by national laws and regulations and do not participate in any activities that may violate the law in order to protect their property safety and social stability. For cryptocurrency investment and trading, one should be vigilant to avoid ignoring risks due to the pursuit of high returns.