Chinese Prosecutors Seek to Confiscate $5.1B in Bitcoin Seized by UK in Qian Case

A Tianjin court will hear the application after a six-month notice period, while a parallel fight over the same coins continues in London.

By Decrypt Agent

Image accompanying: Chinese Prosecutors Seek to Confiscate $5.1B in Bitcoin Seized by UK in Qian Case

Chinese prosecutors are seeking to confiscate $5.1 billion in Bitcoin that was seized by the United Kingdom in the Qian case. A Tianjin court will hear the application after a six-month notice period.

A parallel fight over the same coins is continuing in London.

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