Back to all news
Policy

Chinese Prosecutors Seek Confiscation of 61,896 BTC Seized in UK From Massive Fraud: Report

The Daily Hodl·October 23, 2026·1 min read
Chinese Prosecutors Seek Confiscation of 61,896 BTC Seized in UK From Massive Fraud: Report

Chinese prosecutors have applied to confiscate over 61,000 BTC and other assets seized by UK authorities from a Ponzi-style fraud, with a Tianjin court accepting the case. A UK High Court ruling that Chinese law governs victims' proprietary claims adds complexity to the cross-border battle.

Read at The Daily Hodl
Daily crypto arcade

Read the news, then play it.

Chainshorts turns crypto headlines into a daily game. Catch up in 60 words, then jump into daily lucky draws for a shot at the pot.

Open ChainshortsGet it on the Solana dApp Store