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

CoinDeskOctober 22, 2026 · 6:34 AM2 min read
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.

Originally published on CoinDesk

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.

Read the full article on CoinDesk →

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