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EconomyChina seeks to confiscate more than 61,800 Bitcoin tied to $5.7 billion fraud

Chinese prosecutors want the state to take possession of more than 61,800 BTC associated with a $5.7 billion fraud. Their bid follows a British court decision, made days earlier, that Chinese law applies to victims’ claims over the coins.

ChinaBitcoinfraudasset confiscation

CCoinDesk★★★☆☆2026-10-22 06:24Original

China seeks to confiscate more than 61,800 Bitcoin tied to $5.7 billion fraud
China seeks to confiscate more than 61,800 Bitcoin tied to $5.7 billion fraudEconomy