Chinese prosecutors have launched a formal bid to confiscate the 61,896 BTC seized by UK authorities from Zhimin Qian, setting up a cross-border contest over Bitcoin worth about $5.1 billion.
Chinese prosecutors have launched a formal bid to confiscate the 61,896 BTC seized by UK authorities from Zhimin Qian, setting up a cross-border contest over Bitcoin worth about $5.1 billion.
Prosecutors in Tianjin filed the application with the Tianjin No. 2 Intermediate People’s Court, which accepted it on 28 September and published a notice on 13 October, according to Chinese outlet The Paper.
