China Seeks to Confiscate Billions in BTC, XRP, DOGE, BCH, BTG and BSV - U.Today

Summary

China’s Tianjin No. 2 Intermediate People’s Court accepted an application to confiscate assets seized from convicted money launderer Qian Zhimin, including 61,896.41552945 BTC worth roughly $5 billion and millions of XRP, DOGE and other cryptocurrencies. The court announced on October 13 that it had accepted the application on September 28; Chinese media outlet The Paper reported it on October 14. The application also covers U.S.

Summary: CoinMarketCap. Read the original report for full context.

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