Deep Tide TechFlow news: On July 08, according to lawyer Liu Yang, a college student who was sentenced to 4 years and 6 months in prison in the court of first instance for issuing virtual coins and “pulling the liquidity,” profiting from it, voluntarily pleaded guilty and accepted punishment during the second-instance trial. In the end, he was granted a suspended sentence and released after the hearing. The article uses this case to point out that in criminal defense, there is no absolute advantage or disadvantage between a plea of not guilty and a plea for a lesser charge; the key is to make a specific judgment by combining the evidence in the case, the direction of judicial decisions, and sentencing expectations. The author believes that pleading guilty and accepting punishment may be a more realistic litigation strategy in some cases.