China prosecutors seek $5.1B in Bitcoin seized by UK in Qian case
AI summary
Chinese prosecutors have applied to a Tianjin court to confiscate $5.1 billion in Bitcoin that UK authorities seized in the Qian case. The hearing follows a six-month notice period, and a separate legal battle over the same coins is ongoing in London. Traders are watching because the outcome could determine whether a large seized BTC stash is liquidated or returned, affecting supply and cross-border legal precedent.
Narrative history
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1H AGOYou’re reading thisChina prosecutors seek $5.1B in Bitcoin seized by UK in Qian caseDecrypt · Score 72
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4H AGOThe Defiant · Score 55 · via Qian Case, Prosecutors Seek
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4H AGOCoinDesk · Score 65 · via China prosecutors, prosecutors seek
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15 OCT · 17:51Crypto Briefing · Score 55 · via claims 61000, court Chinese
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13 OCT · 20:40CryptoPotato · Score 45 · via Chinese law, law governs
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13 OCT · 17:31The Defiant · Score 45 · via governs victims, Chinese
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13 OCT · 15:55Bitcoin.com News · Score 25 · via victims claim, victims
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13 OCT · 15:40CryptoSlate · Score 25 · via UK court, court
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13 OCT · 11:38The Block · Score 60 · via court Chinese, Chinese law
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13 OCT · 10:51Decrypt · Score 59 · via UK court, victims
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13 OCT · 09:25CoinDesk · Score 85 · via seized bitcoin, seized
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13 OCT · 09:03Cointelegraph · Score 47 · via 61000 Bitcoin, 61000
