China Opens Its Own Case to Confiscate 61,896 Bitcoin Held by UK Authorities

A Tianjin court opened a six-month notice period in prosecutors' bid to forfeit Qian Zhimin's bitcoin, a day after London's High Court held that Chinese law applies to whether victims have rights in the coins. The post China Opens Its Own Case to Confiscate 61,896 Bitcoin Held by UK Authorities appeared first on Unchained.