London and Beijing are locked in a quiet duel over 61 800 $BTC ($5+ billion), while retail traders are distracted with tales of a «crypto ban in China».
A British court has unexpectedly ruled that ownership of the seized assets should be decided under PRC law. While 100k victims hope to get crumbs of their original fiat back, two states are dividing up an insane multiple-X spread. This isn’t a fight against pyramid schemes—it’s a geopolitical liquidity vacuum. The whales will take the coins for themselves, and short sellers will get wrecked as usual.
DYOR / NFA
#BTC
A British court has unexpectedly ruled that ownership of the seized assets should be decided under PRC law. While 100k victims hope to get crumbs of their original fiat back, two states are dividing up an insane multiple-X spread. This isn’t a fight against pyramid schemes—it’s a geopolitical liquidity vacuum. The whales will take the coins for themselves, and short sellers will get wrecked as usual.
DYOR / NFA
#BTC
