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

CoinDesk
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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.

Key Takeaways

  1. Chinese prosecutors are seeking to confiscate more than 61,800 Bitcoin tied to a $5.7 billion fraud scheme, days after a U.K.
  2. court ruled Chinese law governs victims’ claims to the coins.
  3. Read the full article for additional context and details.
Read Full Article on CoinDesk

Summary generated by IndiCrypto from CoinDesk. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.