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China seeks to seize 61,800 BTC tied to $5.7 billion fraud scheme

Chinese prosecutors are seeking to confiscate more than 61,800 Bitcoin tied to a $5.7 billion fraud scheme, days after a U.K. court ruled Chinese law governs victims’ claims to the coins.

Chinese prosecutors are seeking to confiscate more than 61,800 Bitcoin tied to a $5.7 billion fraud scheme, days after a U.K. court ruled Chinese law governs victims’ claims to the coins.

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Read the full story at coindesk.com: https://www.coindesk.com/markets/2026/10/22/china-seeks-to-seize-61-800-btc-tied-to-usd5-7-billion-fraud-scheme

Source: coindesk.com

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