Bitcoin
China Seeks to Confiscate Billions in BTC, XRP, DOGE, BCH, BTG and BSV
U.Today·October 14, 2026·1 min read
China is moving to confiscate approximately $5 billion in Bitcoin (BTC), along with millions of XRP, DOGE, and other cryptocurrencies including BCH, BTG, and BSV. The seizure targets assets linked to illegal activities. This action underscores China's ongoing crackdown on crypto-related crimes despite its ban on trading.
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