First, the data: $BTC , 24h +0.87%
News: Update on Qian Zhimin’s 40-billion-yuan illegal fundraising case: Prosecutors have requested the confiscation of more than 61,800 bitcoins and other assets; the court has accepted the case.
This kind of news is mainly for reference and doesn’t have much impact on prices intraday. The data shows that market reactions to similar news aren’t always the same, so don’t blindly assume the past will repeat itself.