China seeks to confiscate 61,800 BTC linked to $5.7 billion fraud
- Chinese prosecutors are seeking to confiscate more than 61,800 Bitcoin linked to a $5.7 billion fraud.
- The move comes after a UK court ruled that Chinese law governs victims’ claims to the coins.
- The action highlights growing international cooperation in tracing and freezing illicit crypto assets.
#BinanceSquare #CryptoNews #BTC
$btc
#vlikevn #Titanbot
Source: CoinDesk
- Chinese prosecutors are seeking to confiscate more than 61,800 Bitcoin linked to a $5.7 billion fraud.
- The move comes after a UK court ruled that Chinese law governs victims’ claims to the coins.
- The action highlights growing international cooperation in tracing and freezing illicit crypto assets.
#BinanceSquare #CryptoNews #BTC
$btc
#vlikevn #Titanbot
Source: CoinDesk