The Daily HodlOctober 23, 20262 min read
Chinese Prosecutors Seek Confiscation of 61,896 BTC Seized in UK From Massive Fraud: Report
Chinese prosecutors have applied to confiscate over 61,000 BTC and other assets seized by UK authorities from a Ponzi-style fraud, with a Tianjin court accepting the case.
Chinese prosecutors have applied to confiscate over 61,000 BTC and other assets seized by UK authorities from a Ponzi-style fraud, with a Tianjin court accepting the case. A UK High Court ruling that Chinese law governs victims' proprietary claims adds complexity to the cross-border battle.
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