CHINESE PROSECUTORS SEEK 61,896 BITCOIN CONFISCATION

First reported Oct 22, 2026, 06:48 UTC

Source reports

CHINESE PROSECUTORS SEEK 61,896 BITCOIN CONFISCATION The bid allows for lawful investor restitution. The UK-held coins remain under English court control; investor ownership claims must be assessed under Chinese law. Read more here… — @DefiantNews (X), Oct 22, 2026, 06:48 UTC
UPDATE: China seeks to claim $5 BILLION+ in seized Bitcoin held in UK, potentially bringing the coins under Chinese control. — @coinbureau (X), Oct 22, 2026, 07:07 UTC
HOT TOPIC: China moves on $5B in bitcoin:native. Dump next? 🇨🇳 Chinese prosecutors are seeking confiscation of 61,800 bitcoin:native tied to a fraud case. The coins have sat with UK police since 2018, and a High Court judge ruled that Chinese law governs the victims' claims👇… — @CoinMarketCap (X), Oct 22, 2026, 16:10 UTC

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