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China2026.10.22NADA News

China Moves to Confiscate 80 Billion Yen in Bitcoin Seized by UK

UK authorities seized around 61,800 BTC linked to a Chinese investment fraud scheme.
The seized bitcoin is valued at approximately 80 billion yen, using a conversion rate of 1 BTC = 13 million yen.
Chinese prosecutorial authorities have filed an application seeking confiscation of the seized bitcoin.

Read at NADA News

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