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Crypto

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

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

Summary

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.

Source & full coverage: this summary is aggregated from CoinDesk, the original publisher. Read the complete report for full context, data and quotes.

Read the original report at CoinDesk →