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Chinese prosecutors are seeking to confiscate more than 61,800 bitcoin tied to a $5.7 billion fraud scheme, CoinDesk reports. CoinDesk

coindesk.comChina seeks to seize 61,800 BTC tied to $5.7 billion fraud schemeChina moves to seize 61,800 Bitcoin linked to a massive fraud case. Here’s what the court ruling means for victims and the seized crypto.

Who should end up holding seized bitcoin, and what does it mean for the market if governments sell it?

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